The results of the Chirag project, the reasons for entrepreneurs to refuse bank loans, and the number of prisoners serving a life sentence are the topics of today's media.
The newspaper Azerbaijan writes about the full implementation of the Chirag Oil Project, which was launched in March 2010. As a result, oil production should rise to 360 billion barrels.
The entire Chirag project has been spent $ 4 billion. Another 2 billion dollars will be spent on drilling wells from the platform.
8,000 people were involved in this project, most of them are citizens of Azerbaijan. On January 28, 2014, the first oil was produced on the platform.
The website Azpolitika.info discusses the question why entrepreneurs refuse bank loans. The author writes about high credit interest.
In addition, there remains the problem of monopoly, lack of competition, incentive measures, tax arbitrariness, the complete transfer of the banking sector to the hands of oligarch officials, and ifficult conditions for business loans.
The website Modern.az writes about life-sentenced prisoners, the number of which today is more than 300 people. Most of all life sentences were passed in 2000, 2002 and 2003, and least of all - in 2015-2017. In 2018, 7 people received life sentences.
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On Tuesday, rainy weather with thunderstorms and moderate northwest wind is expected in the Baku, according to meteorologists. The rainy weather will continue untill Wednesday evening. The air temperature at night will be +7 to +10°C, and during the day, +11 to +13°C. The humidity will be 80-90% at night and 70-80% during the day. Rain with thunderstorms will also affect other parts of the country. Snow is expected in mountainous areas. There will be fog in places, with westerly winds.
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Industry leaders from Google, Ambition Loop, and Azerbaijan Railways joined Azercell to explore corporate responsibility, innovative solutions, and collaborative approaches to advancing sustainability
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The COP29 conference concluded in Baku, leaving behind a trail of controversy and criticism. Renowned historian Jamil Hasanli characterized the event as a vivid reflection of governance problems in Azerbaijan under President Ilham Aliyev. Hasanli, a staunch critic of the administration, described COP29 as an expensive spectacle that exposed systemic failures and intensified international scrutiny of Azerbaijan's political and economic structures.
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President of the European Parliament Roberta Metsola has invited Azerbaijani economist and political prisoner Professor Gubad Ibadoglu to Strasbourg to attend the 2024 Sakharov Prize award ceremony. The invitation, delivered by Member of the European Parliament Michael Bloss at the COP29 climate conference, comes as Ibadoglu remains under house arrest and prohibited from leaving Azerbaijan.
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