OREANDA-NEWS. June 29, 2011. Action Plan 2011-15 approved by President Ilham Aliyev for implementation of the State Program of Poverty Reduction & Sustainable Development 2008-15 (adopted by Decree #3043 from 15 September 2008) says that the country will begin privatization of enterprises of fuel and energy sector.

The Action Plan prescribes the State Committee for Property Affairs and the Ministry of Industry & Energy to draw consultants in 2011-15 on the privatization of enterprises in electric power, oil and gas industries, bases on sales of oil and petroleum products. Besides, privatization in the area of telecommunications sector, mechanical engineering, chemical industry, tourism, agriculture, construction, public utilities sectors will continue during this period.