Azerbaijan, Kazakhstan signed an Action Plan for 2025-2026
Azerbaijan's Foreign Affairs Minister Jeyhum Bayramov has been received today by Kazakhstan's Deputy Prime Minister and Minister of Foreign Affairs, Murat Nurtleu.
The Kazakh tanker Taraz, carrying Kashagan oil, has departed from the port of Aktau, heading toward Baku, according to a statement from the press service of KazMunayGas. This delivery is part of KazMunayGas' efforts to implement President Tokayev's instructions on diversifying export routes for Kazakhstan's hydrocarbons.
The oil will be transported via the Baku-Tbilisi-Ceyhan pipeline to the Mediterranean Sea. The export was handled by KMG Kashagan B.V.
This development further strengthens the Trans-Caspian International Transport Route. In 2022, KazMunayGas and Azerbaijan’s SOCAR signed a framework agreement on the transit of Kazakh oil, and in March 2024, they agreed to gradually increase oil transit through Azerbaijan. The new agreement sets a target of 2.2 million tons per year.
Located on the Kazakh shelf of the Caspian Sea, near the city of Atyrau, the Kashagan oil field is one of the largest discoveries in recent decades. With estimated reserves ranging from 9 to 13 billion barrels of oil, it is a significant asset for Kazakhstan’s energy sector. Commercial production at Kashagan, which relies on the use of artificial islands, began in the fall of 2016.
In November 2024, Kazakhstan’s Energy Minister Almasadam Satkaliyev revealed that the country is considering increasing its annual oil supplies through the Baku-Tbilisi-Ceyhan (BTC) pipeline to 20 million tons. This move aims to significantly reduce Kazakhstan's reliance on Russian pipelines, potentially cutting supplies through Russia by over 80%.
XPeng Motors plans to mass-produce flying cars by 2026, becoming the first company globally to do so. CEO He Xiaopeng also highlighted advancements in autonomous driving and humanoid robotics as part of the company’s future tech initiatives.
World leaders welcomed the 30-day ceasefire proposal that Ukraine has agreed to, calling it a step toward ending the conflict with Russia.
In Tuesday’s closely watched parliamentary election, Greenland’s pro-business opposition Demokraatit party took a commanding lead after over 90% of the ballots were counted.
BioNTech forecasts a revenue decline for 2025, expecting between 1.7 billion and 2.2 billion euros, down from 2.75 billion euros last year. This drop is due to Pfizer write-downs and stable vaccination rates. BioNTech also plans significant job cuts and new hires.
Regarding the Armenia-Azerbaijan process, we cannot forget the years of occupation, and we will not forget them, President Ilham Aliyev said in his speech at the opening ceremony of the 12th Global Baku Forum.
The United States has proposed a "bridge" plan to extend the ceasefire in Gaza through April, aiming to facilitate negotiations for a permanent halt to hostilities and ensure the release of U.S.-Israeli citizen Edan Alexander.
Hamas announced on Friday that it agreed to release an American-Israeli dual national, believed to be the last American hostage held in Gaza. The release follows a proposal from mediators to resume negotiations for the second phase of a ceasefire deal.
The European Union will convene its 9th international Conference in support of Syria on 17 March, in Brussels. For the first time, Syrian interim authorities have been invited, together with representatives of the United Nations, Syria's neighbouring states and other regional partners.
The UN Human Rights Council's Working Group on Arbitrary Detention has dismissed Armenia’s claims regarding the detention of Ruben Vardanyan. The group confirmed that his detention by Azerbaijan is based on serious criminal charges, not political motives.
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