Energy

Azerbaijan's External Public Debt Slides to $4.62 Billion, the Other Side of the Surplus Ledger

Azerbaijan's External Public Debt Slides to $4.62 Billion, the Other Side of the Surplus Ledger

Azerbaijan's external public debt fell 7.9% year on year to $4.62 billion on 1 July, State Statistics Committee data show, as the trade surplus widens.

September 30, 2026
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Gas Flow Dip via Baku-Tbilisi-Erzurum Pipeline

Gas Flow Dip via Baku-Tbilisi-Erzurum Pipeline

Gas flow through the Baku-Tbilisi-Erzurum pipeline dipped after maintenance and seasonal adjustments, while supply commitments to Türkiye and Georgia hold.

September 30, 2026
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Azerbaijan Targets 6 to 8 GW of Renewables by 2032

Azerbaijan Targets 6 to 8 GW of Renewables by 2032

President Aliyev confirmed Azerbaijan's 6 to 8 GW renewable energy target by 2032 as the country inaugurated ACWA Power's 240MW Khizi-Absheron wind farm.

September 30, 2026
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TotalEnergies and Masdar Sign $2.2B Renewable Joint Venture Including Azerbaijan

TotalEnergies and Masdar Sign $2.2B Renewable Joint Venture Including Azerbaijan

TotalEnergies and Masdar have agreed on a $2.2B JV for solar, wind, and battery storage projects across nine Asian countries, including Azerbaijan.

September 30, 2026
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Azerbaijan Expands Gas Supplies to 16 Nations as TAP Completes First Upgrade

Azerbaijan Expands Gas Supplies to 16 Nations as TAP Completes First Upgrade

Azerbaijan now exports gas to 16 countries after the Trans Adriatic Pipeline completed its first 1.2 bcm expansion in January 2026.

September 30, 2026
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Azerbaijan Posts Record Oil Revenues, 2,000 MW Green Plan

Azerbaijan Posts Record Oil Revenues, 2,000 MW Green Plan

Azerbaijan's Q1 2026 energy report reveals $1.7B in crude exports and a $2.7B plan to commission over 2,000 MW of new solar and wind capacity by 2027.

September 30, 2026
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TotalEnergies, SOCAR and XRG Sanction Absheron Gas Field Expansion

TotalEnergies, SOCAR and XRG Sanction Absheron Gas Field Expansion

TotalEnergies, SOCAR and XRG took FID on Absheron's full-field development, lifting the Caspian field's gas output to 6 bcm a year by 2029.

September 29, 2026
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SOCAR Completes Africa Entry With 10% Stake in Cote d'Ivoire's Baleine

SOCAR Completes Africa Entry With 10% Stake in Cote d'Ivoire's Baleine

Eni completed the sale of a 10% stake in Cote d'Ivoire's offshore Baleine project to SOCAR, giving it its first producing asset in Africa.

September 29, 2026
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