Kazakhstan expands digital tenge use to monitor public spending
Kazakhstan will begin routing selected government expenditures worth more than 100 million tenge ($190,000) through its digital tenge platform, expand...
“Baku Energy Week,” the region’s leading energy industry event, kicks off its 30th edition today, bringing together global energy leaders for impactful discussions and collaborations. This milestone event continues to strengthen Azerbaijan’s role in the international energy arena.
Celebrating its 30th anniversary, “Baku Energy Week” remains a prestigious platform uniting key players in the energy sector from around the world. The event features three major gatherings: the Caspian Oil and Gas exhibition, Caspian Power green energy exhibition, and the Baku Energy Forum, held at top venues in Baku. Participants will engage in business-to-business and business-to-government meetings, panel discussions on sustainability, innovation, and alternative energy, as well as cultural initiatives like inclusive art exhibitions and environmental projects.
With strong support from SOCAR, the Ministry of Energy, and OPEC, the forum will host international experts and highlight the future of energy, digitalization, and regional cooperation. The event not only celebrates three decades of energy leadership but also fosters new partnerships, technological advancements, and sustainable development in the Caspian region.
This year’s forum covers a broad and diverse agenda addressing key challenges and opportunities in the energy sector. Main topics include digitalization in energy, innovative technologies in geological exploration, boosting efficiency through innovation and sustainability in production and operations, outcomes of COP29 for a sustainable future, unlocking green energy potential in the Caspian region, new structures in the gas market, and ensuring energy security through reliable oil and gas pipeline infrastructure.
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Kazakhstan will begin routing selected government expenditures worth more than 100 million tenge ($190,000) through its digital tenge platform, expanding the use of the central bank digital currency to strengthen oversight of public spending.
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