Azerbaijan has exported 131 bcm of gas to Türkiye, over 66 bcm to Europe and over 37 bcm to Georgia, Energy Minister Parviz Shahbazov told the GECF summit in Moscow.
Georgia made 858,500 tonnes of oil products in January to August 2026, up from 32,500 a year earlier, as exports rose to 954,800 tonnes, Geostat data show.
A bill passed in first reading on 27 October would let Georgia's regulator GNERC charge households more as gas and water use rises, with gas tiers allowed until 2038.
XRG's Bassem Tadros said Absheron gas could potentially reach 16 export markets, with start-up of the full field expected in 2029, Trend reported.
GECO puts the Caspian-Black Sea-Europe Green Energy Corridor at €22.1bn, with three 1.3 GW cables due from 2032 and an investment decision in 2029.
Armenia's government declared overriding public interest in 100% of Electric Networks of Armenia shares on 15 October 2026; a valuation is the next step.
Vallourec won a TotalEnergies order for more than 16,000 tonnes of well tubulars and line pipe for Absheron, due to start up in 2029.
SOCAR has signed a long-term deal with TotalEnergies, ADNOC's XRG and Turkey's BOTAS to market Absheron field gas, with exports from 2029.
Subscribe and discover the Latest News. Cancel Anytime.
