The Turkmenistan authorities consider the possibility of purchase of toil tankers and cargo vessels.
The Turkmenistan State Service of Marine and River Transport will order oil tankers to transport oil and oil products, as well as cargo and passenger ferries and towing vessels.
The issue has been discussed at the session of the Cabinet of Ministers. Turkmenistan President Gurbangulu Berdymohammadov has stressed the urgency of expanding possibilities of international oil and oil products transportation.
Turkmenistan borders on Azerbaijan, Russia, Kazakhstan and Iran on the Caspian Sea. The regional transportation projects have become active here in the past years.
The upgraded large-capacity vessels of the Turkmenistan trade flotilla are involved in cargo transportation on the Caspian Sea servicing the international routes from the Turkmenbashi port to the Caspian basin countries ports.—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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