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LAST WEEK REVIEW

Analysis Materials 16 November 2005 12:00 (UTC +04:00)

7 November

Energy delivery to Nakhchivan AR fro Turkey was resumed

Azerbaijan, China, Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan and Uzbekistan signed a memorandum on mutual understanding on the establishment of a Forum energy regulating bodies in Central Asia.

8 November

The Azerbaijani government and the International Bank for Reconstruction and Development signed a credit agreement on implementation of the second stage of the project on application of SCADA which will boost the reliability and quality of the energy supply of people and industrial facilities.

9 November

Natik Aliyev, the President of the SOCAR, stated that Azerbaijan could refuse from purchase of gas from Gasexport Ltd

The National Bank of Azerbaijan (NBA) designed draft Regulation of the organization of exchange places and conduct of operations with cash money

10 November

State Oil Company of Azerbaijan (SOCAR) and the World Bank signed an agreement on Japanese grant for designing of a project on utilization of an associate gas from Shallow-Water Gunashli field

11 November

The President’s Executive Power set up development of the draft decree on 2006 public budget

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