The revenues from the Azeri-Chirag-Guneshli fields, the situation in the financial market, and the damage caused by stone quarries to the environment are the leading topics of today's press.
The newspaper Azerbaijan assesses the profits coming from the Azeri-Chirag-Guneshli fields. The author, referring to the State Oil Fund, informs that for 4 months of this year the above-named deposits gave the country 2,823 million US dollars.
Daily production from ACG is on average 597 thousand barrels, and for a quarter it is about 7 million tons of oil.
From 2001 to May 1, 2018, 131,309 million dollars was extracted from ACG fields.
The Novoye Vremya newspaper criticizes the activities of the Financial Markets Supervision Authority (FIMSA), arguing that a single regulator has not been able to ensure the effectiveness of the banking system.
Despite the fact that the banking sector completed the year 2017 with a profit, 11 out of the 19 banks completed the year with losses. The volume of overdue loans remains high. All this gives grounds to say that 31% of EU companies consider the FIMSA policy to be ineffective.
The newspaper Yeni Musavat writes about the closure of stone quarries, which has caused serious damage to the environment. At the same time, their closure has affected the growth in the cost of gravel and other construction materials.
Currently, there are 238 stone and sand-gravel quarries in the country. In the activities of these quarries, there are violations of law in the form of unauthorized seizure of land.
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"Next year, Azerbaijan will host another major sporting event—the CIS Games. The third CIS Games will take place in Azerbaijan," President Ilham Aliyev announced on December 24 during a ceremony dedicated to summarizing the sports achievements of 2024.
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On December 28, rain is expected in Baku and the Absheron Peninsula. The northeast windwill change to the northwest. The air temperature will be +5+8°C at night and +8+10°C during the day. Humidity will be 80-90%. In other parts of the country, precipitation is expected in some areas, with snow in the mountains. A moderate westerly wind will blow.
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On December 25, an Embraer 190 passenger plane operated by Azerbaijan Airlines CJSC (AZAL), on a Baku–Grozny flight, crashed near the city of Aktau in Kazakhstan. Azerbaijan’s Consul General in Aktau, Ayxan Suleymanlı, stated that the plane had 67 people onboard, including crew members, 38 of whom died. According to him, 26 of the deceased were Azerbaijani citizens.
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On December 27th, rain is expected in Baku and the Absheron Peninsula, and heavy rainfall in some areas. The wind will be southeast. The air temperature at night will be +7 to +9°C, and during the day, it will be +9 to +11°C. Humidity will be 70-80%. Precipitation is expected across the country in the evening, particularly in the eastern regions. Snow is expected in the mountains.
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