Cumulative gas supplies from Azerbaijan to Europe have exceeded 35 billion cubic meters.
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An agreement has been reached on the transportation of natural gas from Turkmenistan to Türkiye through Azerbaijan and Georgia, Energy and Natural Resources Minister Alparslan Bayraktar said on Tuesday.
UK-headquartered energy giant BP has wrapped up planned maintenance works at one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaijan earlier than expected, thus, the oil production has been restored.
The energy ministries of Kazakhstan, Azerbaijan, and Uzbekistan have signed a historic memorandum at the Tashkent International Investment Forum on May 1, initiating cooperation on interconnecting their energy systems and laying the groundwork for a transcontinental energy corridor to Europe.
Ministers from Kazakhstan, Azerbaijan and Uzbekistan have agreed to connect their energy systems. They will lay an energy cable along the bottom of the Caspian Sea to facilitate the sale of green energy to Europe.
Azerbaijan maintains close relations both with Turkey and Israel, and is a major customer of Israel Aerospace Industries.
Saudi Arabia’s Minister of Energy Prince Abdulaziz Bin Salman held a meeting in Baku with the Minister of Energy of Azerbaijan, Parviz Shahbazov, after which a joint statement was issued, the Saudi Press Agency reported on Friday.
Azerbaijan, Uzbekistan, and Kazakhstan have signed a Memorandum of Cooperation on the unification of the energy systems of the three countries.
The Old Continent stands on the brink of significant change. Current geopolitical instability compels European leaders to seek alternative energy sources. In these new realities, increasing attention is drawn to a reliable and ambitious country on the shores of the Caspian Sea - Azerbaijan.
UK-headquartered energy giant BP has temporarily stopped production from one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaijan to carry out planned maintenance works.
The international forum entitled “COP29 and Green Vision for Azerbaijan” was held at ADA University on April 23. According to the tradition, Azerbaijani President Ilham Aliyev took part in the forum.
"Every time I come to Baku, I see innovation, beauty, and modernity, which I congratulate you on," stated Péter Szijjártó, the Hungarian Minister of Foreign Affairs and International Trade, during the intergovernmental commission meeting in Baku.
Azerbaijan has revealed plans for its first renewables auction, in order to facilitate the design, financing, construction and operation of a 100 MW solar plant.
By becoming the host country for the next COP29, Azerbaijan has immediately drawn attention to its energy sector. Considering current geopolitical changes in Eurasia, Azerbaijan is in a favorable position to extend its influence both eastward into Central Asia and westward into the Balkans and further in the EU.
While leaning on the previous Institute’s analysis, this work will particularly examine Azerbaijan's Southern Gas Corridor (SGC) as a strategic pathway for both the EU and Azerbaijan amidst the ongoing energy transition.
On April 19, 2024, Baku hosted an international workshop titled Mastering Communications on Difficult Regulatory Decisions, jointly organized by the Azerbaijan Energy Regulatory Agency (AERA) and the Energy Regulators Regional Association (ERRA).
Despite the global "green transition," predictions of decreasing demand for fossil fuels have not yet been realized. And sanctions imposed on Russia are rewriting energy export routes as countries in Eurasia seek new ways to reach international markets.
bp has started full-scale operations at the giant new Azeri Central East (ACE) platform in the Caspian Sea.
Congolese President Denis Sassou-Nguesso has engaged in game-changing strategy, widening its search for reliable partner ready to explore it oil reserves, undoubtedly after Russia’s delay in acting on its bilateral agreements.
Azerbaijani President Ilham Aliyev and Romanian Minister of Energy Sebastian-Ioan Burduja met in Baku to deepen strategic and energy ties, highlighting significant advancements in bilateral cooperation and green energy projects.
Azerbaijan boasts the potential for 27 gigawatts (GW) of wind and solar power onshore, with an additional 157 GW of wind power in its offshore Caspian Sea sector.
As efforts to deliver Turkmenistan's gas to Türkiye via Azerbaijan and onward to Europe are gaining momentum, the initial phase envisages a flow of 2 billion cubic meters (bcm) through swap arrangements.
The Iraqi Minister of Oil, Hayan Abdul-Ghani, and the Azerbaijani Minister of Economy, Mikayil Jabbarov, discussed on Monday ways to improve their bilateral ties and foster collaboration between the two countries.
Murray Auchincloss, bp’s chief executive, is on a two-day planned working visit to Azerbaijan. In this visit, he is accompanied by Mr Gordon Birrell, bp’s executive vice president, production and operations, according to the company.
