From January to November 2013 Turkish state-run pipeline company BOTAS imported from various sources 34.29 billion cub.m. of gas against about 38.8 billion cub.m. during the same period in 2012, reported BOTAS.
Turkey also imports gas from Azerbaijan via the Southern Caucasian pipeline Baku-Tbilisi-Erzurum.
From January to November 2013 635,000,000 cub.m. of gas against 555 million cub.m. during the same period in 2012 fell to BOTAS export operations.
The company reported that from January to November 2013 about 33.56 billion cub.m. of gas was sold at the Turkish local market against about 36.73 billion cub.m. during the same period in 2012.—0—
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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