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Last week review (08.08- 13.08.2011)

Analysis Materials 16 August 2011 11:37 (UTC +04:00)

August 8

• CBA began receiving payments for fines for violating traffic rules
• Periods were announced for completing detailed engineering of Nabucco project
• Transport Ministry installs equipment as part of creation of intellectual traffic management system in Baku
• State operator in Azerbaijan has increased number capacity of phone network of Lankaran city

August 9

• SOCAR prepared plan to manage its own waste
• Filling station exploded in Azerbaijan, there are killed
• CBA moved to neutral line in introduction of monetary policy instruments
• Azerbaijani manat strengthened in relevant to currencies of U.S., Turkey and Belarus

August 10

• State operator in Azerbaijan significantly reduced number of pay phones on its network
• Baku Metro began lining tunnel for four new subway stations
• SOCAR stopped ethylene-polyethylene plant for repair works
• SOSAR asked for final offers from export pipelines, oriented towards Europe

August 11

• Cabinet of Ministers wrote off debts of Azersu JSC for electricity
• Azerbaijan's Ministry of Communications receives applications for licenses for services to form individual information resources
• Azerbaijani investors are invited to participate in privatization in Belarus
• Work has begun on gas pipeline that will deliver Azerbaijani gas to Europe

August 12

• Azerbaijan applied financial sanction to manufacturer of low-quality confectionery products
• Azerbaijan changed rules for licensing of broadcasting areas
• Grain Fund in Azerbaijan increased purchase price of grain
• Nabucco described work planned until start of construction of gas pipeline

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