Turnover of money transfers in the banking system of Azerbaijan made in January-June 2012 the equivalent of 784.7 million ($ 998.2 million). Compared with the corresponding period last year, it's 143.6 million or 22.4% more. The volume of revenues was 94.2% higher than the sum of shipments, which in turn increased by 52.4% compared to the same period last year.
In June, turnover transfers made 149.4 million manat, 16.3% up from June last year.
According to the Central Bank of Azerbaijan, the average amount sent increased from AZN 877.3 in January to 962.3 manat in June and the average received - from 594.7 to 600.6 manat. The number of sent transactions grew from 44,000 to 51,200, and the number of transactions received - from 113,000 to 166,800.
The total number of recorded remittances was 1,173,000, including those received - 872,200. -15B -
Economics
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Azerbaijani state power company Azerenerji, SOCAR Trading, and Italy's Ansaldo Energia have signed a trilateral agreement on carbon credits, Azerenerji announced on Friday.
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The SOCAR-UNIPER joint venture inaugurated a 65 MW steam generator unit at the "Ethylene-Polyethylene" plant on Friday as part of activities held during COP 29. The project, aimed at boosting energy efficiency, is a significant milestone for the joint efforts of SOCAR and UNIPER in Azerbaijan’s chemical industry.
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French energy giant TotalEnergies is considering participation in solar and wind power projects in the Nakhchivan Autonomous Republic of Azerbaijan, a move discussed during talks in Baku on November 15 between TotalEnergies CEO Patrick Pouyanné and Azerbaijani government officials.
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Azerbaijan's Ministry of Energy, China Energy Overseas Investment Co. Ltd., and SOCAR Green LLC have signed an agreement to implement a 160 MW solar power project in the Fizuli district, Economy Minister Mikayil Jabbarov announced on social media on Wednesday.
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