Media Review November 2, 2019

The foundations of economic development, the likelihood of adopting a Competition Code, the possibility of increasing the cost of gas are topics of today's media.

The newspaper “Azerbaijan” writes that the country's comprehensive independence is based on its economic independence. The author talks about large-scale projects in the oil and gas sector, including ACG, BPS, and the Southern Gas Corridor. The oil and gas sector is also the basis for the development of the non-oil sector, where agriculture is the strongest area.

The Bizimyol.info website discusses the possibility of increasing the cost of gas with expert Natick Jafarli. Since July this year, there have been problems with liquid gas in the country. Until September, it was sold intermittently, and since September, the gas stations “Azqaz”, SOCAR were completely closed.

Reconstruction works are underway at SOCAR's factories, which has led to a decrease in gas supply. This can lead to an increase in the cost of gas.

Azerbaijan has increased gas exports to Georgia and Turkey. An agreement was signed on the sale of 4 billion cubic meters of gas per year. By the end of this year, the country will receive profits from the sale of gas in the amount of over $ 1 billion. With the increase in gas sales abroad, the level of gas in the country decreases.

The site “Redaktor.az” discusses with the deputy Vahid Ahmedov what will happen if the Competition Code is adopted. The deputy notes that he can be adopted during the autumn session of parliament, in extreme cases during the spring session of 2020. After this, monopoly will be put to an end. Certain conditions will be created for free competition. Non-adoption of this code reduces the country's international rating.