Hungarian energy company MVM is eager to contribute to Azerbaijan’s renewable energy projects and sees the Black Sea green energy corridor as a vital step for regional energy diversification.
Hungary’s state-owned energy firm MVM has expressed a strong interest in joining Azerbaijan’s renewable energy initiatives. Speaking at the “Innovative Pathways to a Greener Future” event, MVM CEO Károly Mátrai highlighted the company’s desire to share expertise and explore business opportunities in Azerbaijan’s green energy sector.
Mátrai described the planned green energy corridor under the Black Sea as strategically important for Hungary, drawing a parallel to the Shah Deniz gas project, which previously helped diversify Hungary’s gas supply. The new corridor, he said, offers similar strategic value—this time in the electricity market.
He noted that Hungary currently imports 20–25% of its electricity, depending on weather conditions, due to insufficient domestic production. The green energy corridor, which would connect the Caspian region to Europe, could offer a reliable and cost-effective energy source.
Mátrai also emphasized the broader impact of the project, particularly in the Balkans, where electricity prices can be extremely volatile due to limited generating capacity. The availability of Azerbaijani electricity, he argued, could help lower regional energy costs and enhance overall stability.
Doctors Without Borders (MSF) reported on Monday that six children in the Samos migrant camp in Greece are suffering from acute malnutrition, spotlighting worsening humanitarian conditions in the EU-funded facility.
Bangladesh’s interim head, Muhammad Yunus, has written to U.S. President Donald Trump requesting a three-month delay on a 37% tariff on imports, emphasizing efforts to boost imports from the U.S.
European Union trade ministers voiced strong support on Monday for launching negotiations with Washington to defuse escalating trade tensions, while also preparing targeted countermeasures against U.S. tariffs.
Arsenal manager Mikel Arteta says his side must believe they can make history as they prepare to face Real Madrid in the Champions League quarter-final at the Emirates on Tuesday.
The Philippine government has imposed a temporary ban on importing both wild and domestic birds from Belgium after an outbreak of highly pathogenic avian influenza (H5N1) was confirmed in the city of Sint-Niklaas. The Department of Agriculture announced the suspension on Monday, citing the need to p
Doctors Without Borders (MSF) reported on Monday that six children in the Samos migrant camp in Greece are suffering from acute malnutrition, spotlighting worsening humanitarian conditions in the EU-funded facility.
Afghanistan and Turkmenistan officials visited the TAPI pipeline site in Herat, reaffirming commitment to the key regional energy project. The pipeline will deliver Turkmen gas to India via Afghanistan and Pakistan, with efforts now focused on accelerating construction.
PACE's Spring session opens in Strasbourg with Georgia’s delegation under scrutiny. A key decision on April 10 may determine whether Georgia retains full representation—or joins Azerbaijan with restricted rights in the Assembly.
Bangladesh’s interim head, Muhammad Yunus, has written to U.S. President Donald Trump requesting a three-month delay on a 37% tariff on imports, emphasizing efforts to boost imports from the U.S.
European Union trade ministers voiced strong support on Monday for launching negotiations with Washington to defuse escalating trade tensions, while also preparing targeted countermeasures against U.S. tariffs.
Aid groups in Myanmar’s worst-hit areas urgently need shelter, food, and water after a devastating 7.7 magnitude earthquake killed over 2,700 people. Rescue efforts face challenges due to ongoing civil war, damaged infrastructure, and restricted aid access, with the toll expected to rise.
The inaugural Samarkand International Climate Forum will kick off on 4th April at the Silk Road Samarkand Congress Center in Uzbekistan. The high-profile forum will be held under the theme "Central Asia Facing Global Climate Challenges: Consolidation for Shared Prosperity."
The first-ever summit between the European Union (EU) and the five Central Asian nations—Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan - began today in Samarkand, Uzbekistan.
President Trump’s new tariffs hit 185 countries, with Kazakhstan facing the highest rate at 27%. Kazakhstan now seeks talks with U.S. officials to ease the impact.
The U.S. has pressured Lebanon to act against Hezbollah, urging the Lebanese Armed Forces (LAF) to enforce a ceasefire. The LAF, caught between U.S. demands and Hezbollah’s influence, risks losing vital U.S. support if it fails to act.
Doctors Without Borders (MSF) reported on Monday that six children in the Samos migrant camp in Greece are suffering from acute malnutrition, spotlighting worsening humanitarian conditions in the EU-funded facility.
Bangladesh’s interim head, Muhammad Yunus, has written to U.S. President Donald Trump requesting a three-month delay on a 37% tariff on imports, emphasizing efforts to boost imports from the U.S.
European Union trade ministers voiced strong support on Monday for launching negotiations with Washington to defuse escalating trade tensions, while also preparing targeted countermeasures against U.S. tariffs.
Arsenal manager Mikel Arteta says his side must believe they can make history as they prepare to face Real Madrid in the Champions League quarter-final at the Emirates on Tuesday.
South Korea is expected to hold its presidential election on June 3, following the removal of former president Yoon Suk Yeol. The final decision will be confirmed at a Cabinet meeting on Tuesday.
Doctors Without Borders (MSF) reported on Monday that six children in the Samos migrant camp in Greece are suffering from acute malnutrition, spotlighting worsening humanitarian conditions in the EU-funded facility.
Afghanistan and Turkmenistan officials visited the TAPI pipeline site in Herat, reaffirming commitment to the key regional energy project. The pipeline will deliver Turkmen gas to India via Afghanistan and Pakistan, with efforts now focused on accelerating construction.
PACE's Spring session opens in Strasbourg with Georgia’s delegation under scrutiny. A key decision on April 10 may determine whether Georgia retains full representation—or joins Azerbaijan with restricted rights in the Assembly.
Bangladesh’s interim head, Muhammad Yunus, has written to U.S. President Donald Trump requesting a three-month delay on a 37% tariff on imports, emphasizing efforts to boost imports from the U.S.
European Union trade ministers voiced strong support on Monday for launching negotiations with Washington to defuse escalating trade tensions, while also preparing targeted countermeasures against U.S. tariffs.
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