Energy

Azerbaijan-Iran Power Trade Set for Record Summer

Azerbaijan-Iran Power Trade Set for Record Summer

Azerbaijan exported 72.2 million kWh of electricity in Jan-Feb 2026, with Iran as primary recipient. Summer 2026 volumes are expected to break records.

September 15, 2026
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Azerbaijan Posts $1.7 Billion in Crude Exports in First Two Months of 2026

Azerbaijan Posts $1.7 Billion in Crude Exports in First Two Months of 2026

Azerbaijan exported 3.6 million tonnes of crude oil worth $1.70 billion in Jan-Feb 2026, with Q1 gas output reaching 12.6 bcm including 3 bcm to Europe.

September 15, 2026
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Azerbaijan Gas Exports Reach 16 Countries as TAP Capacity Expands in Q1 2026

Azerbaijan Gas Exports Reach 16 Countries as TAP Capacity Expands in Q1 2026

Azerbaijan's gas export network reached 16 countries in 2026, adding Germany and Austria, as TAP completed its first 1.2 bcm/year capacity expansion.

September 15, 2026
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Azerbaijan Exports 3.6 Million Tonnes of Crude Worth $1.7 Billion in Early 2026

Azerbaijan Exports 3.6 Million Tonnes of Crude Worth $1.7 Billion in Early 2026

Azerbaijan exported 3.6 million tonnes of crude in January-February 2026, generating $1.70 billion in revenues as Azeri Light prices surged above $118 per barrel in Q1.

September 15, 2026
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Azerbaijan and Turkey Lock In 33 Billion Cubic Meter Natural Gas Supply Agreement

Azerbaijan and Turkey Lock In 33 Billion Cubic Meter Natural Gas Supply Agreement

Azerbaijan and Turkey have signed a new agreement for the supply of 33 billion cubic meters of natural gas, deepening the Southern Gas Corridor partnership and boosting European supply security.

September 15, 2026
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Azerbaijan Q1 2026: Oil Revenues Up 20%, Green Output Rises

Azerbaijan Q1 2026: Oil Revenues Up 20%, Green Output Rises

In Q1 2026 Azerbaijan's oil revenues climbed 20%, Azeri Light topped $118 per barrel, and green power output reached 6.99 billion kWh.

September 15, 2026
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SOCAR Acquires 10% Stake in Côte d'Ivoire's Baleine Oil Field via Eni Partnership

SOCAR Acquires 10% Stake in Côte d'Ivoire's Baleine Oil Field via Eni Partnership

SOCAR has acquired a 10% stake in Côte d'Ivoire's Baleine oil field via Eni, marking Azerbaijan's state energy company's first West African upstream entry and international diversification push.

September 15, 2026
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Romania Joins Azerbaijan-Georgia Green Energy Corridor as Black Sea Cable Project Advances

Romania Joins Azerbaijan-Georgia Green Energy Corridor as Black Sea Cable Project Advances

Romania has moved to join the Azerbaijan-Georgia-Turkey-Hungary green energy corridor as the Black Sea undersea cable project gains EU Project of Mutual Interest status and TYNDP 2026 inclusion.

September 15, 2026
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