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President: Azerbaijan to Conduct International Audit of Country's Energy System
Baku/06.07.18/ Turan: Azerbaijani President Ilham Aliyev ordered to provide an international audit of the country's electric power system, which faced outage on Tuesday due to the accident at Mingachevir Thermal Power Plant.
"The action plan should be prepared in order to prevent the recurrence of such accidents and paralysis of the entire power system of the country. In this action plan, it is necessary to include an item on conducting an international audit of the Mingachevir TPP, as well as the entire energy system of the country. For this it is necessary to attract an authoritative international company," Aliyev said on Wednesday at a meeting on the situation in the country's energy system.
The initiative of conducting international audit of Mingachevir TPP was offered by the head of the Ministry of Emergency Situations of Azerbaijan Kemalleddin Heydarov. -0-
Energy
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From January to May 2024, Azerbaijan imported 616.2 thousand tons of oil Russia, a third more compared to last year, Interfax reports. In monetary terms, the cost of imported Russian oil has also risen by almost a third — to $339 million. In total, Azerbaijan purchased 742.3 thousand tons of black gold in the first five months of this year (+18% compared to January-May 2023) for $416 million. Thus, Russia's share in Azerbaijani crude oil imports amounted to 83%.
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1.11 billion barrels of oil were produced from the “Central Azeri” platform, commissioned in February 2005, as part of the full-scale development of the Azeri-Chirag-Guneshli (ACG) field, by July 1, 2024, the State Oil Company of Azerbaijan (SOCAR), which has a 25 percent share in the ACG project.
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Yesterday, Azerbaijani Economy Minister Mikail Jabbarov held a meeting with Ahmed Moalim Figi, Somali Minister of Foreign Affairs and International Cooperation. They discussed issues related to bilateral economic relations between the countries and potential partnership opportunities in the energy sector. The parties stressed the expediency of establishing mutually beneficial economic ties between the two countries, expanding the contractual and legal framework in order to support the development of relations, as well as exchange of experience in areas of mutual interest.
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Azerbaijani gas supplies to Serbia may be increased in the foreseeable future, the parties are currently discussing this issue, the Minister of Labor and Social Protection of the Population of Azerbaijan Sahil Babayev told journalists.
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