The transfer of operational functions of the Western Route Export Pipeline, better known as the Baku-Supsa pipeline, to the state authorities of Azerbaijan and Georgia may at first glance look like a purely technical development.
Azerbaijan is overhauling its agriculture sector with reforms targeting higher-value output, expanded irrigation and improved land use.
Regulatory environment being shaped by the Central Bank of Azerbaijan is laying the groundwork for competitive disruption.
Azerbaijan used Baku Energy Week to push new gas exports, upstream investment, and a larger US role in its energy sector.
The escalating crisis in the Middle East and severe disruptions to energy transportation through the Strait of Hormuz have once again demonstrated how vulnerable the global oil and gas market remains to instability.
SOCAR, TotalEnergies, XRG and BOTAŞ signed an agreement in Baku on 1 June on long-term gas supplies from the Absheron gas-condensate field to Turkey. The deal covers the supply of a total of 33bn cubic metres of natural gas from Azerbaijan to Turkey
Moscow has significantly expanded phytosanitary and veterinary restrictions on Armenian produce since early spring.
Bank warns higher energy costs are reigniting inflation, weakening industrial competitiveness and straining already fragile public finances
Exports of gold, petrochemicals and satellite services posted gains while two SOCAR trading divisions recorded steep declines.
Azerbaijan is accelerating both fossil fuel and renewable energy development as it seeks to entrench its role as a reliable supplier to Europe and emerging markets, Energy Minister Parviz Shahbazov told the 31st Baku Energy Forum.
Infrastructure could boost European energy security, though Russia could move to block it.
There is a map that used to hang in the offices of Soviet central planners in Moscow, showing the five republics of Central Asia as a single administrative unit with all roads pointing to Moscow. Today the arrows point in all directions at once.
The European Union and Azerbaijan are rebuilding relations after years of strain, says a Carnegie Politika analysis.
Deals cover natural gas supply, electricity imports and transit, the revival of the Baku-Tbilisi-Supsa oil pipeline, and rehabilitation work on the Baku-Tbilisi-Kars railway.
Most of the new jobs created in Azerbaijan are in construction, but over 50% of the new graduate workforce is humanities-trained.
Tokayev reins in any such ambitions at OTS summit attended by Turkey’s Erdogan. At same time, wants to turn Kazakh armed forces into “high-tech fist”.
Adoption rates, however, are among highest in Asia.
Growth downgrade reflects impact of elevated global geopolitical tensions on trade and supply chains, even as commodity export revenues benefit from higher prices.
Georgia is Russia’s primary route in Caucasus.
Forty-eight European heads of state met in Yerevan on May 4 with no American present. The Yerevan EPC was the moment Europe stopped trying to prevent the transatlantic rupture and started managing it.