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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On Tuesday, the General Prosecutor's Office announced the initiation of new criminal cases against agricultural product exporters who allegedly concealed their earnings abroad. Specifically, the Sumgayit City Prosecutor's Office has opened a criminal case under Articles 208.2.1 and 208.2.2 (failure to return foreign currency to the country in large amounts by prior agreement of a group of individuals) and Article 308.2 (abuse of office causing serious consequences) against officials of the company "SOİL BOONS" LLC – Jahangir Aliyev, Elyar Gadzhiev, Mehman Mirzamedev, Saleh Gabilov, and Aly Aliyev.
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Rains will continue in Baku and Absheron on 27 November, forecasters said. In places, precipitation will be intense with thunderstorms. Moderate north-west wind.
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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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