Azerbaijan is doing everything in its power to supply gas to Romania, but there are at least 10 European countries that are now demanding gas from the Caspian state, said
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Romania has an agreement with Azerbaijan for the import of gas, in an effort to diversify energy sources, according to sources familiar with the matter consulted by Economedia.ro. At the moment,
Azerbaijan will increase natural gas exports to Europe this year by 30 percent as the EU seeks to lessen its dependence on Russian energy amid the Kremlin's invasion of Ukraine.
Country hopes Azerbaijan’s Socar will move forward with exploration of two prospective blocks with wider energy cooperation between two nations on table.
Azerbaijan, a large energy producer, also has the potential to become a starting point on a green energy corridor to European markets.
Azerbaijan seems capable of supplying the extra gas, but a lot will depend on continuing exploration work, financing and whether or not Turkey will turn down the gas.
Talks have begun among shareholders in the Trans-Adriatic pipeline (TAP) to expand its capacity, Azerbaijan’s President Ilham Aliyev said on Friday (2 September), saying quick progress was necessary for his country to be able to boost gas exports to Europe.
Opportunities to deepen the bilateral cooperation between Bulgaria and Azerbaijan in areas of mutual interest, including energy, economy and investment, were on the agenda during a phone call between Bulgarian
An energy watcher recalls how Europe’s fixation with market powers drove it into the arms of a Russian monopolist.
Russia still plays an important role as an energy supplier to Germany, but it is rapidly losing its former importance for German companies as an export market.
Oil and gas major BP has started a planned maintenance programme on the Shah Deniz Alpha platform in the Caspian Sea and Shah Deniz 1 facilities inside the Sangachal Terminal in Azerbaijan.
As the Ukraine conflict makes Black Sea shipments difficult, Kazakhstan looks at an alternative route to export its oil to Europe.
In general, the new deal between Baku and Brussels reaffirmed Europe’s interest in the South Caucasus, which has significantly grown since the start of the Russian-Ukrainian war.
Kazakhstan is seeking to sell some crude oil through Azerbaijan's biggest pipeline from next month as it seeks alternative routes to one that Russia has threatened to shut down.
Abu Dhabi's clean energy company Masdar has achieved a financial close on its 230-megawatt Garadagh solar power plant in Azerbaijan as the company continues to boost its renewables portfolio across the globe.
This will not only support Azerbaijan’s decarbonisation agenda, but also contribute to European energy security by increasing availability of domestic gas for exports.
UBOC, a unit of SOCAR, has let a high-pressure high temperature subsea riser contract to Aquaterra Energy for work offshore Azerbaijan.
Ibrahim Kalın, spokesman for the Turkish president, told A Haber TV channel that the Trans-Anatolian gas pipeline (TANAP) could be an alternative to Russian gas for Europe.
In July, the European Union and Azerbaijan signed a new energy agreement to double gas imports from Azerbaijan to Europe.
Aquaterra Energy has been awarded a high-pressure high temperature (HPHT) subsea riser contract for the Babek project on Azerbaijan’s Umid gas field.
Oil major BP has achieved what it says is a major milestone on the Azeri Central East (ACE) project in Azerbaijan by transporting, jacking, and skidding two drilling modules onto the ACE topsides deck currently under construction.
Collaboration between Brussels and Baku is recognized by both sides as a relationship between equals.
On July 5, the 18th meeting of the Azerbaijani-Kazakhstani Joint Intergovernmental Commission on Trade and Economic Cooperation was held in Nur-Sultan.
One of Europe’s strategic partners in this field is Azerbaijan, which already supplies large quantities of gas to Europe. According to the OEC, more than 80% of Baku’s total exports is made up of crude oil and gas, which is largely directed toward European markets.