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Baku to restrict traffic for two days in some streets and avenues related to Day of Remembrance

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All types of vehicles will be restricted on some streets and avenues on September 26 and 27 to ensure safety in connection with the events dedicated to the Day of Remembrance, the State Traffic Police Department of the Baku Main Police Department told Report.

The event will take place in the capital on the occasion of the Day of Remembrance from 09:00 to 13:00: "The event is planned to be held in the direction of Azneft Circle, Neftchilar Avenue, Kovkeb Safaraliyeva, Yusif Safarov, Uzeyir Hajibeyov, Zarifa Aliyeva, Parliament Avenue, Mehdi Huseyn, Teymur Elchin, Istiqlaliyyet streets, White City Boulevard. Therefore, traffic in these directions, on parallel and adjacent streets, will be restricted for all types of vehicles. We ask citizens not to use personal vehicles."

The traffic police department also noted that due to the events to be held on these streets, traffic would be restricted on September 26 from 07:30 to 10:00 and on September 27 from 06:30 to 14:00.

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Former head of Iranian Central Bank sentenced to 10 years on corruption charges

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A former governor of Iran’s Central Bank, Valiollah Seif, was sentenced on Saturday to 10 years in prison on corruption charges involving the mismanagement of millions of dollars, the judiciary said.

Report informs, citing Reuters, that Seif and two of his deputies, who also received jail terms, were found guilty of "disturbing the foreign exchange market, the country's economic climate and mismanagement,” a judiciary spokesman was quoted as saying by state media.

State TV said Seif and one of his deputies, Ahmad Araghchi, who was sentenced to eight years in jail, had "provided illegal conditions for the mismanagement of about $160 million and 20 million euros."

Another deputy, Salar Aghakhani, was sentenced to 13 years.

Seif led the central bank from 2013 to 2018 under former President Hassan Rouahni's administration. He was replaced by Abdolnasser Hemmati.

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How did natural gas tariffs change in Azerbaijan?

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At today's meeting, the Tariff Council adopted relevant decisions on the regulation of wholesale and retail tariffs for natural gas.

Report informs that, according to the decision, in the population category, tariffs increased by AZN 0.02 for annual consumption of up to 1,200 cubic meters (1,200 cubic meters included) and AZN 0.12 for one cubic meter.

Tariffs for the population within the consumption limits of 1,200 to 2,500 cubic meters and over 2,500 cubic meters remained unchanged at AZN 0.20 and AZN 0.25, respectively. Gas tariffs for industry and agriculture in the non-population category are increased from AZN 0.20 to AZN 0.22.

The tariff for gas sold by Azeristiliktejizat OJSC to yard boiler houses and CNG filling stations increases from AZN 0.13 to 0.171. Tariffs for gas supplied to other consumers remain at the same level of AZN 0.25 per 1,000 cubic meters and for gas used as crude in the production of methanol and urea products at AZN 0.20.

The tariff for gas sold by Azerkontrakt OJSC to Azerenerji OJSC for energy generation is increased from AZN 0.13 to AZN 0.171. The tariff for gas purchased from the Azneft PA increases from AZN 0.75 to AZN 0.9.

Moreover, the tariff for gas sold by Azerkontrakt OJSC to Azneft PU and Nakhchivangaz PU increases from AZN 0.11 to AZN 0.118.

The manufacturer buys natural gas at a negotiated price for the production of electricity supplied to data centers that carry out activities for processing, recording, and transmitting data, which receive power directly through the 35 and 110 kV lines, where the daily demand for loads is stable, and the average monthly energy consumption for production targets is at least 5 million kWh.

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NATO Special Rep for Caucasus and Central Asia to visit Baku

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NATO Special Representative for the Caucasus and Central Asia Javier Colomina will arrive in Azerbaijan next week, Report informs, citing Colomina's Twitter page.

"Looking forward to my first trip to the Caucasus next week. I will be visiting Azerbaijan, Georgia, and Armenia in my new capacity as NATO Special Rep for the Caucasus and Central Asia in order to identify ways to further enhance NATO’s engagement in the Caucasus," he tweeted.

Looking forward to my first trip to the #Caucasus next week. I will be visiting #Azerbaijan , #Georgia , and #Armenia in my new capacity as #NATO Special Rep for the Caucasus and Central Asia in order to identify ways to further enhance NATO’s engagement in the Caucasus.

— Javier Colomina (@JavierColominaP) October 16, 2021

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