British energy giant BP has announced final investment decisions for two major projects in Azerbaijan: the construction of the 240 MW Shafag solar power plant in Karabakh and the electrification of the Sangachal terminal near Baku.
In partnership with the Azerbaijani government, BP signed an agreement to build the Shafag solar power plant in the Karabakh region. The facility will have a capacity of 240 megawatts and is expected to cost approximately $200 million. Construction is scheduled to be completed by mid-2027.
The Shafag plant marks a significant milestone in Azerbaijan's renewable energy ambitions and is part of the broader efforts to develop the formerly conflict-affected Karabakh region.
In a separate development, BP and its partners also approved an investment decision to electrify the Sangachal terminal — one of the world’s largest integrated oil and gas processing terminals. The project, known as STEL (Sangachal Terminal Electrification Project), is valued at $230 million. It will be implemented and operated by BP, with construction set to begin in 2025.
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One person was killed and nearly a dozen hurt in a fresh attack on Riyadh's international airport on Sunday, Saudi authorities reported, a day after a strike claimed by Yemen's Houthis killed 13 people and wounded more than 300.
Yemen's Houthis renewed warning to airlines, airport workers, and travellers against using Saudi airports, saying the warning should be taken seriously and that the kingdom “bore responsibility for failed interceptions”, a day after an attack on Riyadh's international airport that killed 12 people.
The Saudi-led coalition in Yemen said late Monday that it intercepted and destroyed two ballistic missiles launched by the Houthi group toward Khamis Mushait in southwestern Saudi Arabia.
The Houthi movement has escalated their attacks on Saudi Arabia, targeting the airport in Riyadh and other cities, killing more than a dozen people.
The Kremlin on Monday rejected a 60-day ceasefire idea proposed by Ukrainian President Volodymyr Zelenskyy to allow his country to hold presidential elections, saying it wanted an overall peace deal instead.
Armenian Prime Minister Nikol Pashinyan has urged Armenia and Azerbaijan to sign and ratify their peace agreement as soon as possible, calling it a crucial step towards securing his country's long-term stability.
The Saudi-led coalition in Yemen said late Monday that it intercepted and destroyed two ballistic missiles launched by the Houthi group toward Khamis Mushait in southwestern Saudi Arabia.
Kazakhstan’s competition regulator has issued a formal warning to ride-hailing platform inDrive after fares for some journeys reportedly nearly tripled as widespread Yandex outages disrupted taxi services across Central Asia on 11 October.
Azerbaijan will host the sixth Rebuild Garabagh exhibition in Baku from 14 to 16 October, bringing together companies involved in the region’s reconstruction.
The feature film “44”, set against the backdrop of Azerbaijan’s 44-day war in 2020, premiered at the Heydar Aliyev Center in Baku on 12 October. The film explores the experiences of military personnel and civilians during the war and its impact on the country.
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