Azerbaijan and Uzbekistan are forging tighter partnerships as they look to bypass Russian trade routes. The landmark deal outlines joint projects in the oil and gas, petrochemical and renewable energy Continue Reading
As the European Union continues to pursue new sources of energy to replace Russian oil and gas, it is expanding its energy partnership with Azerbaijan. On the 18th of July, Continue Reading
Expects 9% increase in gas exports in 2022 Investment needed to raise output, export capacity European gas prices boosting investment case for Azerbaijan Azerbaijan is ready to ship gas to Continue Reading
Few options to immediately increase Azerbaijan’s oil output Transit of non-Azeri crude via BTC pipeline growing Crude production is far below its OPEC+ quota Azerbaijan is benefiting from the EU’s Continue Reading
The European Union is seeking more natural gas from Azerbaijan, an EU official said on Friday, as Europe grapples with high energy bills and tight deliveries from Russia, its main Continue Reading
Before last year, energy was one of the bright spots in Nagorno-Karabakh’s economy. The de facto authorities had built a network of small hydropower plants to supplement a larger, Soviet-era Continue Reading
Azerbaijan risks significant economic shocks in the future if it continues to rely heavily on oil and gas as the main pillar of its economy, a new report from the Continue Reading
Azerbaijan signed agreements with Saudi Arabia’s ACWA Power for the construction of a 240-megawatt wind park. Azerbaijan’s Energy Minister Parviz Shahbazov and his Saudi counterpart, Crown Prince Abdulaziz bin Salman, attended Continue Reading
There is a long history of drilling for hydrocarbons in the Black Sea. After all, oil-rich Azerbaijan, and the Caspian region in general, was one of the first spots in Continue Reading
Armenia and Azerbaijan have declared martial law and mobilised their armed forces after clashes escalated over the disputed enclave of Nagorno-Karabakh, killing several people on Sunday. Both sides blamed each other Continue Reading
