SOCAR starts Kazakhstan's oil exports via BTC
The State Oil Company of Azerbaijan (SOCAR) has started the transit of crude oil from Kazakhstan's Kashagan field through the Baku-Tbilisi-Ceyhan (BTC) oil pipeline.
In a recent expanded government meeting, Kazakh President Kassym-Jomart Tokayev issued a clear directive to accelerate the construction of Kazakhstan's first nuclear power plant and initiate the search for a site for a second plant. This decision comes as the country faces a growing energy shortage, and the government looks to diversify its energy sources.
"Against the backdrop of increasing energy deficits, it is crucial to speed up the construction of the first nuclear power plant and start developing a nuclear cluster in Kazakhstan," Tokayev stated.
The President also directed the government to formulate long-term plans for the nuclear industry’s development. He stressed the importance of conducting a comprehensive analysis to determine the optimal locations for future nuclear plants and ensure the use of the most advanced and safe technologies in their construction.
"Nuclear energy is essential for Kazakhstan’s growth. Without it, the country’s progressive development could be at risk," Tokayev added.
Prime Minister Olzhas Bektenov, during the meeting, revealed that agreements for the construction of the first nuclear power plant in the Almaty region are expected to be finalized shortly.
Earlier reports indicated that four companies from China, South Korea, Russia, and France are in the running for the project. These companies have been shortlisted to build the first nuclear power plant in Kazakhstan, which is part of the country's broader strategy to address energy shortages and reduce reliance on fossil fuels.
Kazakhstan, which holds significant natural resources, has been heavily reliant on traditional energy sources like coal, but the government's push for nuclear power highlights its commitment to modernizing the energy sector and ensuring long-term sustainability.
Russian investigators confirm a Pantsir-S1 missile downed Azerbaijan Airlines Flight 8243. Baku demands accountability as tensions rise over Moscow's next steps.
BP aims to join the Karabakh oil field project in Azerbaijan by 2025, with negotiations underway to finalize terms with SOCAR for this strategic offshore development.
BP Azerbaijan has announced plans to build a new compression platform at the Shah Deniz gas field to optimize production, company spokesperson Tamam Bayatly confirmed in a press briefing.
Protests erupted in Berlin against the far-right coincided with an AfD campaign event in Halle, as tensions rise over potential CDU-AfD coalition talks ahead of next month’s elections.
Georgian Prime Minister Irakli Kobakhidze and Armenian Prime Minister Nikol Pashinyan discussed regional stability, economic ties, and the upcoming 14th Meeting of the Intergovernmental Commission for Economic Cooperation, emphasizing the importance of deepening bilateral relations and peace.
The Council today adopted a decision extending the mandate of the European Union Mission in Armenia (EUMA) for a further two years, until 19 February 2027.
European Union member states has extended EU monitoring mission along Armenia’s international border with Azerbaijan for next two years despite official Baku’s demand for its immediate withdrawal.
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