Armenia has confirmed the shipment of a second batch of petroleum products from Azerbaijan, underscoring expanding economic ties between the two countries following the recent peace process. Yerevan's Ministry of Economy’s spokesperson, Lilit Shaboyan, verified the information.
The shipment includes 1,000 tonnes of A‑92 petrol, 1,000 tonnes of diesel fuel and 1,800 tonnes of A‑95 petrol, and will be transported via the Guzdek railway station and the Baku freight station.
Armenia’s Economy Minister Gevorg Papoyan said the current shipment includes both premium and regular petrol as well as diesel, and is expected to be approximately 80 drams per litre cheaper than prevailing local prices, offering relief to consumers.
The move is widely seen as part of a broader economic normalisation and peace agenda between Baku and Yerevan, with Azerbaijani fuel imports expected to diversify Armenia’s energy supplies and enhance competition in the domestic market.
The first batch in more than three decades of petroleum products from Azerbaijan to Armenia went by rail on 18 December last year, (22 tank wagons carrying around 1,300 tonnes of AI‑95 petrol), following an agreement between the two governments to expand commercial cooperation.
“Perhaps, this is the first trade and economic transaction between Armenia and Azerbaijan not only after the peace established between the two countries, but also after independence in general,” Yereven's Economy Minister Gevorg Papoyan wrote on Facebook about the first delivery.
The move comes following a trilateral summit at the White House in August 2025, where Armenian Prime Minister Nikol Pashinyan and Azerbaijani President Ilham Aliyev, alongside U.S. President Donald Trump, signed a declaration to formally end decades of conflict.
The agreement included commitments to cease hostilities, reopen transport routes, and normalise bilateral relations.
Analysts and business sources have noted that the new supply route could help Armenia reduce dependence on other traditional suppliers.
Bangladesh has rejected ousted Prime Minister Sheikh Hasina's application for a new passport, casting doubt on her planned return from exile in...
Russia has denied any involvement with a senior U.S. soldier who was arrested in Britain on suspicion of assisting Russian intelligence. ...
Russia’s Federal Security Service (FSB) says it has arrested two people accused of working for Polish intelligence and gathering information ...
Delegations from Russia, Ukraine and the United States met in Abu Dhabi on Tuesday for their first formal talks in nine months. They did so with no agreement on what a ceasefire would be tied to or who gets to keep the land currently under Russian control.
At least 17 people have been reported killed in an explosion at a steel plant in western Türkiye, after a crane collapsed during maintenance work. The disaster has prompted a criminal investigation into what went wrong at the industrial facility.
Russia and Ukraine are set to return to Abu Dhabi on Tuesday for a fourth round of U.S.-brokered peace talks, with European participation, security guarantees and territorial disputes expected to shape the negotiations.
U.S. envoy Jared Kushner said Washington believes the Russian President is prepared to reach a peace agreement under the right conditions, as U.S., Russian and Ukrainian delegations began trilateral talks in Abu Dhabi on Tuesday 10 November.
Armenia could lose its voting rights within the Collective Security Treaty Organization (CSTO) on 11 November after failing to pay membership fees for more than two years, Russian Foreign Minister Sergey Lavrov has said.
Heavy rain and strong winds have flooded around 70,000 tents across Gaza, leaving displaced Palestinian families exposed to cold, hunger and worsening living conditions as winter approaches, according to local authorities.
Trade along the Middle Corridor is accelerating, opening new opportunities for Central Asia and the South Caucasus as countries strengthen transport links between China and Europe. Cargo volumes reached around 4.7 million tonnes in 2025, up from less than one million tonnes in 2021.
Kazakhstan says the North Aral Sea’s water volume has risen by 24 per cent since 2022, reaching 23.4 billion cubic metres. The figures were unveiled at the COP31 climate conference in Antalya, Türkiye, as the country outlined ambitious plans to accelerate restoration.
Israel’s newly elected parliament was sworn in on Tuesday amid political deadlock, with President Isaac Herzog urging lawmakers to avoid another election as Gadi Eisenkot struggles to form a government.
Pakistani and Saudi investors have agreed to launch a private equity fund worth hundreds of millions, with 75 per cent of the money set to be invested in Pakistan, as the two countries strengthen economic ties.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment