...

Azerbaijan reconstructs system of oil and gas production, transit and processing

Oil&Gas Materials 14 December 2012 10:24 (UTC +04:00)

Azerbaijan, Baku, Dec.14 / Trend, A.Akhundov /

In the period covered by the Draft Development Concept "Azerbaijan - 2020: The Vision of The Future", the oil and gas production, transit and processing infrastructure is to be rebuilt and modernized, the draft concept says.

"There are plans to build an oil, gas and petrochemical complex to develop the economy in clusters. Such a complex will facilitate the attraction of investment, compliance with environmental standards, creation of a technological process, competitiveness of finished products and broader assortment of exports," the draft says.

Besides, in order to develop the non-oil sector, the country's natural and economic resources will be fully and effectively engaged.

"In an effort to accelerate the use of alternative (renewable) energy, stimulating measures will be taken, institutional environment developed, scientific and technical potential reinforced, personnel training continued and awareness campaigns carried out for energy consumers. In addition to state-funded projects in this area, private sector involvement will be encouraged and flexible procedures put in place to regulate alternative energy tariffs," the draft says.

According to the draft, A modern production, social and market infrastructure serving non-oil sector development and meeting contemporary requirements will be created and progressive management techniques applied.

The concept intends to develop the tourism infrastructure, expand the scope of
tourism services meeting international standards, enhance the competitiveness of this
sphere and increase its share in the GDP. To this end, relevant legislation and standards will be updated, tourism activities in the countryside encouraged, promotion and awareness work stepped up, and tourism types and travel destinations advertised for their national, historical, cultural, socioeconomic and natural importance.

Tags:
Latest

Latest