Azerbaijan’s total renewable energy capacity in 2022 amounted to 1,339 MW, Trend reports via the latest publication from the International Renewable Energy Agency (IRENA). According to the report, renewable energy capacity in the country over the last year increased by 1.74 percent year-on-year (1,316 MW in 2021). At the same …
Read More »Azerbaijan and Kazakhstan Agree to Optimize Energy Transit Route to Europe
On April 10, Azerbaijani President Ilham Aliyev paid a one-day official visit to Kazakhstan (President.az, April 10). This visit took place about six months after the first official visit of Kazakhstani President Kassym-Jomart Tokayev as the head of state to Azerbaijan in August 2022 (The Astana Times, August 24, 2022). …
Read More »Turkish BOTAS, Azerbaijan’s SOCAR Establish Joint Venture for Gas Supply to Europe
Cooperation between Türkiye and Azerbaijan in the field of energy is rapidly developing. Turkish BOTAS and Azerbaijan’s SOCAR have established a joint venture to supply gas to Europe,” said Turkish Minister of Energy and Natural Resources Fatih Donmez as he addressed CNN Turk TV channel. He noted that the Balkan …
Read More »Azerbaijan Cements its Position in Europe’s Green Energy Market
On February 13, the groundbreaking ceremony was held in Baku for the largest thermal power station (TSP) yet to be built in Azerbaijan with a planned capacity of 1,280 megawatts (MW) (Apa.az, February 13). The project’s total value is estimated at around $400 million, which is two to three times …
Read More »Kazakhstan to Launch Oil Supply through Azerbaijan this Year
The transportation of Kazakh oil through Azerbaijan will begin this year, Deputy Minister of Foreign Affairs of Kazakhstan Roman Vasilenko said at a briefing, Trend reports via Kazakh media. “The transportation of Kazakh oil through in the direction of Aktau – Baku will start in 2023,” he said. The deputy …
Read More »Pakistan Seeks Petroleum Products’ Imports from Azerbaijan
Pakistan is in talks with Azerbaijan to import Petroleum, Oil, and Lubricants (POL) products on credit, as well as to agree on liquefied natural gas (LNG) supplies at affordable prices, a senior official at Pakistan’s Energy Ministry said, Trend reports via Geo News. Reportedly, a delegation led by Pakistan’s Federal …
Read More »Azerbaijan Produces 533,000 Barrels of Crude Oil per Day in January 2023
“In January 2023, the daily oil production (including condensate) in Azerbaijan totaled to 652,000 barrels, including 533,000 barrels’ crude oil and 119,000 barrels’ condensate,” the Ministry of Energy told AZERTAC. According to the new commitments of the participating countries of the Declaration of Cooperation, Azerbaijan’s commitment to cuts is 33,000 …
Read More »Ceyhan Terminal Resumes Tanker Loadings of Oil from Baku-Tbilisi-Ceyhan
Tanker loadings of oil from Baku-Tbilisi-Ceyhan pipeline at Ceyhan terminal have been resumed as of this afternoon (12 February), bp Azerbaijan told Trend. The tanker loading operations at the Ceyhan Terminal were temporarily suspended by the operator of the BTC pipeline in Turkiye (Botaş International Anonim Şirketi (BIAS) on Feb.6 …
Read More »Turkish Earthquake Halts Azerbaijan’s Oil Exports
The two massive earthquakes that devastated a large area of southern Turkey and northern Syria on February 6 are causing problems for Azerbaijan’s oil exports. Crude exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline and Turkey’s main oil terminal at Ceyhan have been halted with no clear indication what the problem is …
Read More »Armenia and Azerbaijan Deadlocked in Talks over Key Corridor
In the background of Azerbaijan’s ongoing blockade of the only road in and out of Nagorno-Karabakh lies the fate of another critical transportation route: the would-be “Zangezur Corridor.” In the ceasefire agreement that ended the 2020 war, Armenia agreed to “guarantee the security of transport connections” between Azerbaijan’s mainland and …
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