Natik Aliyev: "Serious problems at industrial enterprises of Sumgayit"

According to Trend, volume of oil production in 2005 totaled 22.2 mln tons, which is a 64-year record, Natik Aliyev, Head of Department of Industry and Power Engineering of Azerbaijan (DIPE), said April 12 during his speech at the conference titled "Role of Sumgayit enterprises in creation of strong industrial capacities".

Quoting his words, volume of oil production will total 30.5 mln ton in 2006. "$15bn of investments have already been made in oil sector. This year BTC pipeline will be put in operation. Operations on gas supply to Turkey are 94% complete", he said.

Head of DIPE said at the moment some operations are performed in Sumgayit in order to recover industrial enterprises and supply them with power and gas. "However, we still encounter some serious problems. In particular, the problem is in their structure and incomplete utilization of their capacity, as well as insufficient investments in provision of the country's internal market with production", he said.

Quoting Mr Aliyev, Sumgayit base is chemical facilities. State Enterprise Azerkimya was established in 1992. "However, since then no new facility has been constructed. Many enterprises stop operating and fall unable to compete with others", - he said.

According to DIPE figures, 2,439 industrial enterprises are currently operating in Sumgayit, 758 of them governmental-based and 1,681 private-owned.

Vagif Aliyev, Head of Executive Power of Sumgayit, said in his speech that enterprises of light and heavy, chemical and power engineering industry are currently operating in Sumgayit.

"However, despite the fact that previously percentage of Sumgayit enterprises in overall industry totaled 22%, is has decreased to 3.5% to date", - he said.