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Azerbaijani president grants Cabinet control over national energy company, Azerenergy.
Azerbaijani President Ilham Aliyev signed a decree to oversee the operations of Azerenergy, granting the Cabinet of Ministers authority over the company's charter, structure, and financial decisions.
The Ministry of Economy will manage the company’s branches and investments.
A three-member Board of Directors, including a chairman appointed by the President, will oversee operations.
The Cabinet must approve the company’s charter within a month.
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El presidente azerbaiyano otorga el control del gabinete sobre la compañía nacional de energía, Azerenergy.