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.
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Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 7th of May, covering the latest developments you need to know.
EU foreign policy chief Kaja Kallas’s planned visits to Yerevan and Baku framed the 8th European Political Community summit on 4 May, as European leaders focused on fragile South Caucasus peace efforts and rising geopolitical tensions.
Representatives from the diplomatic community, the United Nations and international organisations gathered in Kabul on Wednesday ahead of the 13th World Urban Forum (WUF13), set to take place in Baku from 17 to 22 May.
The Formula 1 Azerbaijan Grand Prix 2026 will mark its 10th anniversary with a major entertainment programme in Baku, headlined by global pop star Katy Perry.
U.S. President Donald Trump said that Iran wanted to negotiate and make a deal in comments to reporters on Wednesday (6 May). But earlier, he warned Washington would ramp up attacks if no agreement was reached.
Argentinian authorities are reconstructing the journeys of Dutch citizens who presented with symptoms of deadly hantavirus after visiting Argentina and Chile as part of a luxury cruise trip, the country's Health Ministry said in a statement on Wednesday (6 May)
The United Arab Emirate said it was dealing with missile and drone attacks from Iran for the second day in a row on Tuesday (5 May), despite denials from authorities in Tehran who threatened a "crushing response" if the UAE retaliated.
The 61st Venice Biennale has opened under grey skies and political tension, with disputes over Russia and Israel, resignations on the jury, and protests marking the start of one of the art world’s most high-profile events.
Trump said the U.S. and Iran were making progress in peace talks, though direct negotiations remain premature. Meanwhile, Israel, reportedly, struck senior Hezbollah and Hamas figures and tensions over Hormuz and Tehran’s nuclear programme continue.
Approximately $8 billion worth of contracts are expected to be signed at SAHA Expo 2026 in Istanbul, Türkiye. The major international defence, aerospace and space industry exhibition is being held over five days from 5 - 6 May.
Türkiye and Armenia should expect gradual improvements in relations following Turkish-Vice President Serdar Kılıç’s meeting with Armenian Prime Minister Nikol Pashinyan in Yerevan on Monday (4 May), a regional expert has said.
EU foreign policy chief Kaja Kallas’s planned visits to Yerevan and Baku framed the 8th European Political Community summit on 4 May, as European leaders focused on fragile South Caucasus peace efforts and rising geopolitical tensions.
The 59th Annual Meeting of the Asian Development Bank concluded in Samarkand with new renewable energy agreements, discussions on economic resilience and the release of a major policy report on global value chains.
Central Asian countries are stepping up investment in renewable energy as governments across the region seek to strengthen energy security and prepare for mounting environmental pressures.
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