Fines for not wearing a face mask are increased
The President of the Republic of Azerbaijan Ilham Aliyev had issued a Decree on approval the Law of the Republic of Azerbaijan on Amendments to the Code on Administrative Offences that was adopted by Milli Mejlis ( December 18, 2020).
Period of the law "On full deposit insurance" is extended
The President of the Republic of Azerbaijan Ilham Aliyev had issued a Decree on approval the Law on Amendments to the Law “On full deposit insurance” that was adopted by Milli Mejlis. (December 18, 2020).
Shah Deniz begins gas deliveries to Europe
On 31st December 2020, the Shah Deniz consortium announced commencement of commercial gas deliveries to Europe from the Shah Deniz gas field in the Caspian Sea offshore Azerbaijan via the newly completed Southern Gas Corridor (SGC) pipeline system.
Azerbaijani Tariff Council changes retail prices for some goods, services
The Tariff Council of the Republic of Azerbaijan held its regular meeting on January 4, 2021.The State Oil Company (SOCAR) has approached the Council with a proposal to raise retail prices for natural gas, AI-92 gasoline and diesel fuel.
The President of the Republic of Azerbaijan Ilham Aliyev has signed a Decree on the establishment of the “Karabakh Revival Fund” public legal entity (January 4, 2021).