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Last week review (16.08- 21.08.2010)

Analysis Materials 25 August 2010 12:01 (UTC +04:00)

16 August

BP began drilling operations within the second stage of development of Shah Deniz field
Azerbaijan's systems integrator has launched a pilot project to build a fiber-optic network

17 August

Azerbaijan's Cabinet of Ministers has written off debts for electricity, gas and oil of major energy consumers
BP announced that it completed acquisition of the share of Devon in large oil project in Azerbaijan
Moody's changed the outlook of the banking system in Azerbaijan on a stable
Caspian International Investment Company refused to raise capital in 2010
Changes were made to the rules of selling agricultural equipment by Azerbaijani Leasing Company
Accounting Chamber discussed results of audit at State Oil Fund of Azerbaijan

18 August

Azerbaijani money transfer system "Khazri" was presented in Russia
Russian mobile operator has announced its capacity to send money to Azerbaijan
European Commission expressed support for the first Caucasian Forum on Renewable Energy Resources
Four rocket carrier companies have submitted their proposals for launching Azerbaijani Azerspace satellite into orbit   
Antimonopoly Service of Azerbaijan has applied financial sanctions against manufacturer of soft drinks

19 August

SOCAR, Azerbaijan's Ministry of Economic Development and Azerenergy discussed the creation of industrial town in Sumgayit
Azerbaijan has announced a new tender to involve contractor in road project of ADB
Azerbaijan's Ministry of Transport and Korean experts discussed the plans for a major project  
Azerbaijan declared poll of interest to establish systems of management, cadastre and real estate registration

20 August 

SOCAR conducted environmental monitoring at several marine facilities

Nabucco consortium specified project management structure
Azerbaijan joined the declaration on cooperation in establishing information society
New World Bank Country Manager in Azerbaijan officially assumed his duties

21 August

USAID conducted a training in Azerbaijan to strengthen capacities in the field of macroeconomic modeling
IFC has changed the direction of housing finance in Azerbaijan and Central Asia
International postal operator presented in Azerbaijan a new tracking system for cargo delivery

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