Economics - 2010
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A number of agricultural crops in Azerbaijan have decreased because of the reduction of the sown areas and productivity in 2010. The grain crops except corn were picked from 935,000 hectares (-15...
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The Economic Development Ministry said bread prices would not grow though flour had become more expensive. The production is still profitable under the existing wholesale prices of flour. Th...
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The aggregate income of 1,722 municipal councils totaled AZN 12.9 million (-56% against the target) in H1, 2010. They spent AZN 11.9 million. The incomes mainly came from the following sourc...
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The independent local Economic Research Center (ERC) calculated that the minimum cost of living in Azerbaijan grew by AZN 0.72 on average in August. The experts calculated the consumer baske...
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Caspian gas will be the main source to fill the Trans-Adriatic Pipeline (TAP) (10 billion m3). This was announced by EGL, Statoil and EON Ruhrgas (the project"s shareholders). TAP will use Shah D...
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SOCAR"s Kulevi terminal in Georgia (BST Ltd) transshipped 6 million tons of oil and oil derivatives by September 13. It transshipped 2.4 million tons in the first eight months of 2010 (+50% again...
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SOCAR has postponed its talks with NIGEC, Iran on the long-term contract over gas supplies to Iran due to technical problems. The SOCAR Gas Export Department"s Chief, Kamal Abbasov, said the Asta...
