Azerbaijan's commercial gas production saw a growth of over 6%, highlighting a significant boost in the country's energy sector. This increase contributes to strengthening Azerbaijan’s role as a key player in regional and global energy markets
Azerbaijan’s commercial gas production has seen a 6% increase, marking a significant milestone for the country’s energy sector. This growth is driven by enhanced operations in key gas fields, particularly the Shah Deniz field, which continues to be a major source of gas in the region.
The expansion of the Southern Gas Corridor, including the TAP and TANAP pipelines, has played a crucial role in boosting Azerbaijan’s ability to export gas to Europe and Turkey, solidifying its position as a key player in global energy markets.
The rise in production has positively impacted Azerbaijan’s economy, increasing revenue from energy exports and contributing to GDP growth. As global gas prices remain high, the country stands to benefit further from this increase.
Looking ahead, Azerbaijan plans to continue expanding its gas production capacity while balancing this growth with sustainable energy practices, including investment in renewable energy sources and energy efficiency improvements.
U.S. President Donald Trump called Iran’s response to Washington’s latest peace proposal “totally unacceptable” a...
Australia confirmed it will repatriate citizens from the MV Hondius cruise ship hit by a deadly hantavirus outbreak, with quarantine on arrival. Sp...
The Strait of Hormuz remains a vital maritime chokepoint and serves as the primary artery linking the Pers...
Israeli Prime Minister Benjamin Netanyahu said Israel aims to eventually end its reliance on U.S. financial mil...
Thaksin Shinawatra, Thailand’s billionaire former prime minister, has been released on parole from prison...
Slovak Prime Minister Robert Fico has cited Azerbaijan as an example of what he described as a sovereign foreign policy, recalling remarks made by President Ilham Aliyev during talks in Yerevan, where he sharply criticised resolutions adopted against his country by the European Parliament.
SOCAR has completed the acquisition of a 99.82% stake in Italiana Petroli (IP) from API Holding after receiving all required regulatory approvals.
Fuel exports from Azerbaijan to Armenia are continuing, with eight rail wagons carrying 479 tonnes of diesel fuel dispatched as part of the latest shipment between the two South Caucasus neighbours.
Minval Politika has released new footage it says shows former International Criminal Court prosecutor Luis Moreno Ocampo discussing alleged contacts with Armenia’s foreign minister and campaigns linked to Azerbaijan and Armenia.
Australia confirmed it will repatriate citizens from the MV Hondius cruise ship hit by a deadly hantavirus outbreak, with quarantine on arrival. Spain, France are evacuating nationals as three deaths are confirmed. In the U.S., two passengers have been isolated after testing positive for the virus.
China’s leading chipmakers are funnelling unprecedented sums into research and development as Beijing accelerates efforts to reduce reliance on foreign technology amid intensifying U.S. export restrictions.
U.S. President Donald Trump called Iran’s response to Washington’s latest peace proposal “totally unacceptable” amid talks over ending the war and securing shipping through the Strait of Hormuz. A cargo vessel near Qatar was hit by a projectile as Kuwait reported hostile drones in its airspace.
SOCAR has completed the acquisition of a 99.82% stake in Italiana Petroli (IP) from API Holding after receiving all required regulatory approvals.
A Kyrgyz–Japanese archaeological expedition has uncovered the remains of a Buddhist temple complex at the medieval settlement of Ak-Beshim, also known as Suyab, in Kyrgyzstan’s Chui Region.
Iran said on Sunday (10 May) that it had sent its response to a U.S. proposal aimed at launching peace talks to end the war, as signs of tentative movement emerged around the Strait of Hormuz despite renewed security incidents across the Gulf.
Slovak Prime Minister Robert Fico has cited Azerbaijan as an example of what he described as a sovereign foreign policy, recalling remarks made by President Ilham Aliyev during talks in Yerevan, where he sharply criticised resolutions adopted against his country by the European Parliament.
SOCAR has completed the acquisition of a 99.82% stake in Italiana Petroli (IP) from API Holding after receiving all required regulatory approvals.
Fuel exports from Azerbaijan to Armenia are continuing, with eight rail wagons carrying 479 tonnes of diesel fuel dispatched as part of the latest shipment between the two South Caucasus neighbours.
A Kyrgyz–Japanese archaeological expedition has uncovered the remains of a Buddhist temple complex at the medieval settlement of Ak-Beshim, also known as Suyab, in Kyrgyzstan’s Chui Region.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment