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.
Talks between Thailand and Cambodia this week have made "meaningful progress", Thai defence minister Natthaphon Narkphanit said on Thursday, ahead of ...
Nokia chief executive Justin Hotard said artificial intelligence is fuelling a structural growth cycle similar to the internet expansion of the 1990s,...
A delegation of ambassadors from NATO member states will visit Azerbaijan on 6–7 November, according to Report. The group will include envoys from 1...
The U.S. military conducted strikes against two vessels in the eastern Pacific Ocean, killing five alleged drug smugglers, U.S. Defense Secretary Pete...
Start your day informed with AnewZ Morning Brief: here are the top news stories for 23 October, covering the latest developments you need to know....
A delegation of ambassadors from NATO member states will visit Azerbaijan on 6–7 November, according to Report. The group will include envoys from 15 NATO countries.
Armenian Prime Minister Nikol Pashinyan has welcomed Azerbaijan’s decision to lift all transit restrictions on cargo shipments to Armenia, calling it a major step toward regional peace and economic cooperation.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 22 October, covering the latest developments you need to know.
Tehran and Baku have pledged to increase cooperation between the two countries across all fields, after an all-important meeting on Monday in Iran's capital city.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
A delegation of ambassadors from NATO member states will visit Azerbaijan on 6–7 November, according to Report. The group will include envoys from 15 NATO countries.
On Wednesday, Türkiye President Recep Tayyip Erdoğan held an official meeting with Sultan Haitham bin Tarik in Muscat, the capital of Oman, marking the final stop of his three-day Gulf tour.
On Wednesday, Türkiye and Qatar signed two new memorandums of understanding (MoUs) in the defence sector, aimed at deepening cooperation and enhancing technology transfer, system integration, production, and capability development.
Saud-based DataVolt has launched its first 10 MW data centre in Uzbekistan and plans a sweeping investment expansion of up to US$5 billion by 2030.
Tehran and Baghdad pledged to boost their security cooperation across all areas especially ratifying a security treaty signed by both countries in March 2023 and reinforcing border security.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment