Azerbaijan and Türkiye have signed an agreement covering the supply of 33 billion cubic metres of natural gas, Turkish Minister of Energy and Natural Resources Alparslan Bayraktar said.
Under the deal, gas supplies will be delivered over 15 years, with 2.25 billion cubic metres per year coming from the Absheron field in the Caspian Sea.
The agreement will enter into force in 2029 and is set to run into the 2040s.
Bayraktar said the gas will be transported to Türkiye using existing infrastructure via the Baku–Tbilisi–Erzurum pipeline.
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Investment from Italy in Azerbaijan has reached $805m, Azerbaijan’s Energy Minister Parviz Shahbazov said as he met his counterparts in Baku.
The Trans Adriatic Pipeline (TAP) has delivered more than 54 billion cubic metres of gas during 5-year period, said Azerbaijan’s energy minister Parviz Shahbazov.
Iran has rolled out a test vending of imported premium at market price in Tehran to address the country's domestic petroleum consumption deficit.
Minnesota Governor Tim Walz has activated the state’s National Guard following the fatal shooting of a U.S. citizen in Minneapolis, an incident that has triggered protests and intensified tensions between state and federal authorities.
Iran’s Foreign Ministry has strongly rejected a U.S. magazine report on the death toll during January unrest. Nationwide protests erupted in response to soaring inflation and a national currency crisis.
A mosaic portrait of Pope Leo XIV was illuminated on Sunday at the Basilica of St. Paul Outside the Walls in Rome, continuing a centuries-old Vatican tradition marking the election of a new pope.
The death toll from nationwide protests in Iran has climbed to 6,126, according to the U.S.-based Human Rights Activists News Agency (HRANA).
Serbian President Aleksandar Vučić, often viewed as a bellwether for the complex diplomatic currents between the Kremlin and the West, has issued a startling prediction regarding the endgame of the war in Ukraine.
Recep Tayyip Erdoğan, Bola Ahmed Tinubu to hold bilateral talks, attend signing ceremony, joint press conference.
Residents in Syria’s Kurdish-majority city of Qamishli have stepped up volunteer patrols amid growing pressure from the country’s Islamist-led government, expressing deep mistrust of Damascus despite a fragile U.S.-backed ceasefire.
Sanctions are a long-used tool designed as an alternative to military force and with the objective of changing governments’ behaviour, but they also end up hurting civilian citizens.
Azerbaijan’s participation in the United States-backed Board of Peace reflects a clear calculation of national interest, according to Chingiz Mammadov, Research Alumni of the National Endowment for Democracy (NED) and the Woodrow Wilson International Center.
A clock in a Tel Aviv square that became a rallying point for Israelis demanding the release of hostages taken during the October 2023 Hamas attack was turned off on Tuesday, 844 days after it began counting their captivity.
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