International financial institutions approved a 114.2 million US dollars financing package for a solar plant that will help diversify Azerbaijan’s energy mix.
Caspian gas supplies to Europe set a new record. The “Southern Gas Corridor” from Azerbaijan is operating at overdesign capacity. On July 26, the Trans...
In January-June 2022, oil production with gas condensate in Azerbaijan amounted to 16 million 474.2 thousand tons, which is by 4.1% lower than the same period last...
The European Commission’s President Ursula von der Leyen signed a Memorandum of Understanding in the field of energy with Azerbaijan’s President Ilham Aliyev.
EU energy commissioner Kadri Simson is travelling to Baku later this month The EU is preparing to sign a no-strings-attached gas-import deal with Azerbaijan to...
Azerbaijan’s Energy Minister Parviz Shahbazov attended the opening ceremony of the Interconnector Greece-Bulgaria of strategic importance in Komotini on July 8. I attended the opening...
Azerbaijan and Iran discussed the issues arising from the implementation of the “Khudafarin” and “Giz Galasi” hydro junctions and hydroelectric power plants projects and the...
The European Bank for Reconstruction and Development (EBRD) is in the final stages of signing a wind and solar energy project with Azerbaijan this summer,...
In January-May 2022, Azerbaijan’s strategic foreign exchange reserves increased by 1.9% – up to $54.2 billion, which is a record high. According to the Central...
In January-May this year, Azerbaijan exported 9,458,059.77 thousand cubic meters of natural gas worth $ 5,994,793.6 thousand, APA-Economics reports citing the State Customs Committee. The volume...
The UK expects to deepen cooperation with Azerbaijan in various fields, British Export Minister Michael Freer said yesterday in London during the fifth meeting of...
In January-May 2022, Azerbaijan exported 9.4 bcm of gas, which is 27% higher than the same period last year, Energy Minister Perviz Shahbazov said. “In...
Azerbaijan’s income from the operation of main pipelines in the first quarter of 2022 amounted to 879 million 298.9 thousand manats ($517.2 million at the...
Azerbaijan and the Czech Republic will establish a joint working group to expand energy cooperation, Energy Minister Parviz Shahbazov said at a meeting with the...
Azerbaijan has never used natural gas as a tool for political pressure, Baku is currently negotiating with its main partners on the expansion of the...
The closing ceremony of the Baku Energy Forum will be held in Azerbaijan’s Shusha city [liberated from Armenian occupation in the 2020 Second Karabakh War],...