Azerbaijan and Uzbekistan have strengthened their energy partnership with the launch of a joint exploration project in the Ustyurt region, highlighting growing strategic cooperation between the two countries.
The ceremony, held in Tashkent and attended by Energy Minister Parviz Shahbazov and Uzbek President Shavkat Mirziyoyev, showcased the deepening ties in the regional energy sector.
During the event, Minister Shahbazov noted that political will and personal trust between the leaders of Azerbaijan and Uzbekistan have elevated bilateral relations to a strategic partnership.
The minister highlighted Azerbaijan’s role in the Consultative Meeting of Central Asian Heads of State and the opening of the Zangezeur corridor, which strengthens the significance of the Middle Corridor for regional integration.
The joint Ustyurt project between SOCAR and “Uzbekneftegaz” will enhance knowledge and technology exchange in the hydrocarbon sector, boost regional energy integration, and create new opportunities for joint participation in energy supply.
Minister Shahbazov also emphasised the strategic importance of the Trans-Caspian Energy Corridor project, which will connect the electricity systems of Azerbaijan, Uzbekistan, and Kazakhstan for the first time.
The initiative is expected to expand Azerbaijan’s transit role and enable the transfer of renewable energy along the Middle Corridor between Asia and Europe.
The project follows the signing of a Production Sharing Agreement on 24 July 2025, which formalised cooperation between SOCAR, “Uzbekneftegaz,” and the Republic of Uzbekistan for geological exploration, development, and production in Uzbek investment blocks.
The ceremony also highlighted other international energy collaborations, involving countries such as Türkiye, the UAE, Saudi Arabia, and China.
This joint venture marks a new chapter in Azerbaijan-Uzbekistan energy cooperation, underlining the growing strategic and regional importance of both nations in Central Asia’s energy landscape.
Former Bulgarian President Rumen Radev said on Friday that the country will hold a snap election after political parties failed to form a government f...
President Donald Trump announced Thursday evening that the long-awaited “Board of Peace” to oversee Gaza’s reconstruction has officially been fo...
The Executive Director of the Sikh Federation (UK) has highlighted concerns about equality, religious rights and historical injustices faced by Sikhs ...
The United States stands by the “brave people of Iran,” and President Donald Trump "has made it clear all options are on the table to stop the sla...
Azerbaijan's state-owned company, SOCAR, has started supplying natural gas to Austria and Germany, the company has confirmed....
President Donald Trump announced Thursday evening that the long-awaited “Board of Peace” to oversee Gaza’s reconstruction has officially been formed.
The United States stands by the “brave people of Iran,” and President Donald Trump "has made it clear all options are on the table to stop the slaughter," U.S. Ambassador to the United Nations Mike Waltz told the U.N. Security Council on Thursday.
A railway power outage in Tokyo disrupted the morning commute for roughly 673,000 passengers on Friday (16 January) as two main lines with some of the world's busiest stations were halted after reports of a fire.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 16th of January, covering the latest developments you need to know.
The Trump administration will suspend all visa processing for visitors from 75 countries beginning 21 January 2026, according to a State Department memo reported by media.
At least four people were injured after a large fire and explosions hit a residential building in the Dutch city of Utrecht, authorities said.
Sweden is sending a group of military officers to Greenland at Denmark’s request, Prime Minister Ulf Kristersson said on Wednesday, as Nordic countries and NATO allies step up coordination around the Arctic territory.
Saudi Arabia has informed Iran that it will not allow its territory or airspace to be used for any military action against Tehran, according to two sources close to the kingdom’s government cited by AFP.
Romania has reiterated its openness to discussions on a potential unification with neighbouring Republic of Moldova, following recent remarks by Moldova’s president.
The Executive Director of the Sikh Federation (UK) has highlighted concerns about equality, religious rights and historical injustices faced by Sikhs since the partition in 1947. He made the comments during Azerbaijan's first international conference that's dedicated to India.
Azerbaijan's state-owned company, SOCAR, has started supplying natural gas to Austria and Germany, the company has confirmed.
Armenian Prime Minister Nikol Pashinyan said key aspects of reopening regional transport routes have been resolved under the implementation framework of the Trump Route for International Peace and Prosperity (TRIPP) initiative.
Israel said on Thursday that its forces struck Hezbollah positions across several areas in Lebanon after accusing the group of repeated ceasefire violations.
Kazakhstan’s economy is set to slow in the coming years as external conditions deteriorate and geopolitical risks intensify, according to the latest forecast by the World Bank.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment