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Azerbaijan to hold auction for commissioning mineral deposits

Economy Materials 4 April 2022 11:14 (UTC +04:00)
Azerbaijan to hold auction for commissioning mineral deposits
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 4. The Center for Organization of Auctions at the State Service on Property Issues under the Ministry of Economy and the State Agency for Subsoil Use under the Ministry of Ecology and Natural Resources of Azerbaijan will hold an auction for the commissioning of mineral deposits, Trend reports via the Ministry of Economy.

According to the ministry, sites in Garadagh district of Baku and Gabala district of Azerbaijan will be put up at the auction to be held on May 4.

Garadagh district, Kotal sand deposit

Name

Lot

Area

Lifetime

Initial price

1

Kotal

1

7 ha

8 years

6,500 manat ($3,820)

Garadagh district, Guzdak sand/limestone deposit

Name

Lot

Area

Lifetime

Initial price

1

Guzdak

1

2,87 ha

12 лет

12,054 manat ($7,090)

Garadagh district, Karvansaray
limestone deposit

Name

Lot

Area

Lifetime

Initial price

1

Karvansaray

1

4.5 ha

19 years

33,926 manat ($19,960)

Garadagh district, Sahil limestone deposit

Name

Lot

Area

Lifetime

Initial price

1

Sahil

1

1 ha

3 years

3,400 manat ($2,000)

2

Sahil

2

1.4 ha

4 years

4,704 manat ($2,770)

3

Sahil

3

0.7 ha

4 years

6,048 manat ($3,560)

Gabala district, Damiraparanchay sand-gravel deposit

Name

Lot

Area

Lifetime

Initial price

1

Damiraparanchay

1

2 ha

3 years

4,000 manat ($2,350)

Gabala district, Khirkhatala sand-gravel deposit

Name

Lot

Area

Lifetime

Initial price

1

Khirkhatala

2

4 ha

7 years

10,000 manat ($5,880)

2

Khirkhatala

3

2 ha

4 years

5,000 manat ($2,940)

Those willing to participate in the auction should submit the necessary documents until 16:00 (GMT +4) April 27.

Additional information:

Phone: (+99412) 505-97-82 (ext: 107).

Contact: Elchin Majidov.

Address: Istiglaliyyat Street 31, Sabail district, Baku.

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