Economic Development in Azerbaijan

[rmi5]

@Azeri440 Hopefully, I think Azerbaijan is on the right track in economic progress, international sports event, arts, and music competitions, ...
But, what Azerbaijan needs, is a serious investment in higher education. Azerbaijan needs to expand 1-2 of its universities and invite professors from USA, EU to come to Azerbaijan. Also, needs to admit international students, including the students from Southern Azerbaijan who are extremely talented, and thousands of them are going to USA, Canada, and EU. Azerbaijan can use this opportunity. In this way, after 10 years, Azerbaijan would have no shortage in expert medical doctors, scientists and engineers. Also, a shift to use english language is required as well. I have multiple times seen the website and papers of academy of science of Azerbaijan, and I have noticed that papers are usually available in Azerbaijani and Russian languages, instead of Azerbaijani, and English languages. I have also talked with Azerbaijani students in USA, and what I have noticed is that they are all smart and hardworking students, but their main weakness is their poor english speaking abilities. I have noticed that Azerbaijan hosts multiple international scientific conferences and forums. They usually cooperate with International participants in accommodating free hotels, and foods and sometimes even free tickets for them. It is a really good start, but it is not enough.

 

[Azeri440]

one of the biggest energy projects starts (Shah Deniz 2)
total investments exceeding 45 bil

 

[rmi5]

İlham Əliyev Bakıda “Əsrin müqaviləsi”nin 20 illiyinə və “Cənub” qaz dəhlizinin təməlinin qoyulmasına həsr olunmuş təntənəli mərasimdə iştirak edib

Azərbaycan Prezidentinin Rəsmi internet səhifəsi - ŞƏKİLLƏR »

 

[asena_great]

İlham Əliyev Bakıda “Əsrin müqaviləsi”nin 20 illiyinə və “Cənub” qaz dəhlizinin təməlinin qoyulmasına həsr olunmuş təntənəli mərasimdə iştirak edib
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Azərbaycan Prezidentinin Rəsmi internet səhifəsi - ŞƏKİLLƏR »

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when will the construction of this pipeline will finish ?

 

[rmi5]

when will the construction of this pipeline will finish ?

It's targeted for the late 2018.


------------------------------------------
Shah Deniz Stage 2
Shah Deniz Stage 2, or Full Field Development (FFD) is a giant project that will add a further 16 billion cubic meters per year (bcma) of gas production to the approximately 9 bcma produced by Shah Deniz Stage 1.
Around $28 billion in capital investment will be required to produce the gas and transport it to the Georgia-Turkey border. From there, additional pipeline systems will deliver 6 bcma of gas to Turkey and a further 10 bcma of gas to markets in Europe, in a route known as the Southern Gas Corridor. Shah Deniz gas will travel 3,500 kilometres, to elevations of over 2,500 metres, and over 800 metres below the sea.

Shah Deniz Stage 2, one of the largest gas developments in the world, will help increase European energy security by bringing Caspian gas resources to markets in Europe for the very first time. .

The current concept for Shah Deniz Stage 2 includes:

• two new bridge-linked offshore platforms.
• 26 gas production wells which will be drilled with 2 semi-submersible rigs.
• 500 km of subsea pipelines will link the wells with the onshore terminal.
• upgrade of the offshore construction vessels
• expansion of the Sangachal terminal to accommodate the new gas processing and compression facilities.

Building the Southern Gas Corridor requires enhancement of some existing infrastructure and development of a chain of new pipelines.

• The South Caucasus Pipeline (SCP) will be expanded with a new parallel pipeline across Azerbaijan and Georgia.
• From the Georgia-Turkey border, a new Trans Anatolian Pipeline (TANAP) will transport gas across Turkey.
• In Europe, the Trans Adriatic Pipeline (TAP) will be built to take gas through Greece and Albania and into Italy.

First gas is targeted in late 2018, with supplies to Georgia and Turkey. Gas deliveries to Europe are expected just over a year after first gas.

The Shah Deniz Stage 2 project is rapidly picking up pace. Drilling is progressing well, first steel was struck on the Subsea Construction Vessel hull in Singapore, fabrication of the rig jackets is underway, and main construction at the Sangachal terminal has now started.


Shah Deniz Stage 2 | Operations and projects | BP Caspian

 

[asena_great]

It's targeted for the late 2018.


------------------------------------------
Shah Deniz Stage 2
Shah Deniz Stage 2, or Full Field Development (FFD) is a giant project that will add a further 16 billion cubic meters per year (bcma) of gas production to the approximately 9 bcma produced by Shah Deniz Stage 1.
Around $28 billion in capital investment will be required to produce the gas and transport it to the Georgia-Turkey border. From there, additional pipeline systems will deliver 6 bcma of gas to Turkey and a further 10 bcma of gas to markets in Europe, in a route known as the Southern Gas Corridor. Shah Deniz gas will travel 3,500 kilometres, to elevations of over 2,500 metres, and over 800 metres below the sea.

Shah Deniz Stage 2, one of the largest gas developments in the world, will help increase European energy security by bringing Caspian gas resources to markets in Europe for the very first time. .

The current concept for Shah Deniz Stage 2 includes:

• two new bridge-linked offshore platforms.
• 26 gas production wells which will be drilled with 2 semi-submersible rigs.
• 500 km of subsea pipelines will link the wells with the onshore terminal.
• upgrade of the offshore construction vessels
• expansion of the Sangachal terminal to accommodate the new gas processing and compression facilities.

View attachment 92765
Building the Southern Gas Corridor requires enhancement of some existing infrastructure and development of a chain of new pipelines.

• The South Caucasus Pipeline (SCP) will be expanded with a new parallel pipeline across Azerbaijan and Georgia.
• From the Georgia-Turkey border, a new Trans Anatolian Pipeline (TANAP) will transport gas across Turkey.
• In Europe, the Trans Adriatic Pipeline (TAP) will be built to take gas through Greece and Albania and into Italy.

First gas is targeted in late 2018, with supplies to Georgia and Turkey. Gas deliveries to Europe are expected just over a year after first gas.

The Shah Deniz Stage 2 project is rapidly picking up pace. Drilling is progressing well, first steel was struck on the Subsea Construction Vessel hull in Singapore, fabrication of the rig jackets is underway, and main construction at the Sangachal terminal has now started.


Shah Deniz Stage 2 | Operations and projects | BP Caspian

im sure turkmens wil join u too but they ill wait until the construction of this pipeline finish btw nice job azerbijan

 

[rmi5]

Azerbaijan announces schedule of nuke plant construction
Sat 27 September 2014

A nuclear power station may be built in Azerbaijan.
Deputy Minister for Communications & High Technologies Elmir Velizadeh says that after the opening of a nuclear research reactor in Azerbaijan it will be explored a possibility of construction of a nuclear power station.

"First of all, it is planned to construct a special reactor for research. Then, issues of creation of nuclear power plant will be studied," he said.

The nuclear power station in Baku should have been built back in the 80s of the last century, but the collapse of the Soviet Union stopped this process.

News.Az

Azerbaijan starts nuclear research
Thu 25 September 2014

In the coming days it is expected to approve the statutes and legal documents for the start of the National Centre for Nuclear Research.
Oxu.Az reports citing Haqqin.az that the statement came from the Deputy Minister of Communications and High Tech Iltimas Mammadov on Tuesday.

According to him, currently the documents are being prepared, defining the location for the construction of the center, preparing the program. All these issues will be resolved before the end of the year, he said.

"After the completion of the preparatory work the countries with which it is planned to cooperate and the necessary technologies will be determined," Mammadov said.

President Ilham Aliyev signed a decree on the establishment of a closed joint-stock company "National Centre for Nuclear Research" at the Ministry of Communications and high technology for the use of nuclear technology for peaceful purposes on May 8, 2014.

News.Az

 

[rmi5]

Off Topic, though worth reading

Armavia disbanded
Thu 09 October 2014 12:39 GMT | 8:39 Local Time

Armavia, the national airlines of Armenia, has been disbanded.
All property of the company will be sold and spent to cover debts, including salaries to staff, APA reports quoting Vestnik Kavkaza.

News.Az

 

[xenon54 out]

Off Topic, though worth reading

Armavia disbanded
Thu 09 October 2014 12:39 GMT | 8:39 Local Time

View attachment 121338


Armavia, the national airlines of Armenia, has been disbanded.
All property of the company will be sold and spent to cover debts, including salaries to staff, APA reports quoting Vestnik Kavkaza.

News.Az

Azal should buy it.

 

[rmi5]

Azerbaijan should buy it.

 

[Azeri440]

Azerbaijan to build solar power plants in seven regions

Oxu.Az reports with reference to APA-Economics that the statement came from the head of the State Agency for Alternative and Renewable Energy Akim Badalov speaking to journalists in the Caspian-European club reporters today.

"At the moment we carry out the inspection work, and in the near future wind farm with power capacity of 50 MW will be connected to the"Azerenergy".

He also said that the construction of new wind farms was completed in Sumgayit, Pirallakhi, Garadagh, Samukh and work to connect them to "Azerenergy" is underway.

"The state agency is also preparing projects to build new solar power plants in seven regions of the country. It is planned to lay foundations at the end of this year or early next year."


News.Az - Azerbaijan to build solar power plants in seven regions

 

[Azeri440]

France’s Air Liquide to work in Sumgait Chemical Industrial Park

Air Liquide (France) is going to be another investor of the Sumgait Chemical Industrial Park (SKSP).

The Ministry of Economy & Industry of Azerbaijan informs that Air Liquide and SKSP signed the Memorandum of Understanding this May.

"A meeting with representatives of the specialized French company was held in the SKSP office. During the meeting the parties discussed the possibility of cooperation," SKSP said.

World leader in the production of gases, the development of technologies and providing services for the industrial sector and public health sector, group of companies Air Liquide is represented in 80 countries with a total staff of about 50 000 people and more than 2 million customers and patients. Production of oxygen, nitrogen and hydrogen is a key focus of the Company’s activity since its establishment in 1902.

France’s Air Liquide to work in Sumgait Chemical Industrial Park - ABC.AZ

 

[rmi5]

Samir Sharifov: Azerbaijan's currency reserves reached $ 53 bn
Thu 09 October 2014 06:49 GMT | 2:49 Local Time

The non-oil sector has grown 6%.
For the first nine months of this year the country's economy compared to the same period last year increased in real terms by 2.5%, while non-oil sector - by 6%. Inflation was 1.5%, income increased by 5.4%.

Oxu.Az reports with reference to APA that the statement came from the Minister of Finance Samir Sharifov speaking at a meeting of the Cabinet of Ministers, dedicated to the socio-economic development for the 9 months of 2014 and the upcoming challenges, held under the chairmanship of President Ilham Aliyev on October 8.

The minister noted that the country's financial situation has been further strengthened, as for October 1, 2014 the total amount of foreign exchange reserves reached $53 bn., compared to the same period last year, the financial resources increased by $ 3.6 bn., or 8.0%.

"The total foreign exchange reserves exceeded the national debt by more than 8 times. At the same time, I would like to note that the share of public debt to GDP is 8.5%, " the Minister said.

News.Az

 

[asena_great]

Azal should buy it.

lol good idea

Azerbaijan to build solar power plants in seven regions

Oxu.Az reports with reference to APA-Economics that the statement came from the head of the State Agency for Alternative and Renewable Energy Akim Badalov speaking to journalists in the Caspian-European club reporters today.

"At the moment we carry out the inspection work, and in the near future wind farm with power capacity of 50 MW will be connected to the"Azerenergy".

He also said that the construction of new wind farms was completed in Sumgayit, Pirallakhi, Garadagh, Samukh and work to connect them to "Azerenergy" is underway.

"The state agency is also preparing projects to build new solar power plants in seven regions of the country. It is planned to lay foundations at the end of this year or early next year."


News.Az - Azerbaijan to build solar power plants in seven regions

do u think this is a good idea ?? i mean u dont have desert u are mountain rainy country u should only go for wind farms

 

[Azeri440]

do u think this is a good idea ?? i mean u dont have desert u are mountain rainy country u should only go for wind farms

they built a factory recently that manufactures solar panels while we would have to get foreign countries involved for windfarms
in the future they will probably build a factory for wind turbines
there are already concepts to place wind turbines in the caspian sea to provide power for some islands
which they plan to turn into tourist spots

wind farm in Yashma settlement