Energy

Azerbaijan targets 6 GW of renewables by 2030 as Masdar anchors green build-out

Azerbaijan targets 6 GW of renewables by 2030 as Masdar anchors green build-out

Azerbaijan is targeting 6 GW of renewable capacity by 2030, with the UAE's Masdar anchoring a build-out that could reach 10 GW in two phases and a Black Sea–Caspian cable poised to export up to 4 GW of green power to Europe.

July 21, 2026
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Azerbaijan's capital investment climbs 13.8% to $5.5B in first half of 2026

Azerbaijan's capital investment climbs 13.8% to $5.5B in first half of 2026

Capital investment reached 9.295 billion manats ($5.47 billion) in the first half of 2026, up 13.8% year-on-year, as Prime Minister Ali Asadov presented the country's investment record at the Tashkent International Investment Forum — even as non-oil investment slipped 5.5%.

July 21, 2026
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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

State Statistics Committee data put external public debt at $4.6168 billion as of July 1 — down 7.9% year-on-year — as the trade surplus widens and non-oil revenue lines grow.

July 19, 2026
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Azerbaijan Accelerates the Middle Corridor: Fleet Deals, Digital Permits and a $1 Billion Trade Target

Azerbaijan Accelerates the Middle Corridor: Fleet Deals, Digital Permits and a $1 Billion Trade Target

A cluster of agreements with Turkmenistan, Uzbekistan and Kazakhstan is turning the trans-Caspian route from concept into contracts — including a joint cargo fleet, a Baku logistics hub and a 2027 digital permit system.

July 19, 2026
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Copper Rewrites Anglo Asian Mining's Numbers: $159M Half-Year on a 7.4x Production Surge

Copper Rewrites Anglo Asian Mining's Numbers: $159M Half-Year on a 7.4x Production Surge

The Azerbaijan-focused miner posted $159.1 million in H1 2026 revenue as copper output jumped roughly 7.4-fold and the Demirli deposit delivered its first sales — $71.4 million of them.

July 19, 2026
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Azerbaijan's Trade Surplus Widens Nearly Sixfold to $8 Billion in First Half

Azerbaijan's Trade Surplus Widens Nearly Sixfold to $8 Billion in First Half

Customs data show H1 2026 turnover of $24.66 billion, with exports of $16.32 billion against $8.34 billion in imports — a $7.98 billion surplus, 5.9 times larger than a year earlier.

July 16, 2026
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Azerbaijan's Economy Returns to Growth as Non-Oil Engine Accelerates

Azerbaijan's Economy Returns to Growth as Non-Oil Engine Accelerates

GDP rose 0.8% in H1 2026 after a flat five months, with non-oil exports up 16.9% to $1.8 billion and non-oil industrial output growing 4.1% — the diversification story is doing the lifting.

July 16, 2026
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OPEC+ Charter Committee Convenes in Baku as Azerbaijan Pitches Reliability Over Volume

OPEC+ Charter Committee Convenes in Baku as Azerbaijan Pitches Reliability Over Volume

The OPEC+ Charter of Cooperation Technical Committee held its first meeting in Baku, where Energy Minister Parviz Shahbazov argued Azerbaijan's strategic weight lies in reliable connectivity — backed by $6.2 billion in H1 oil exports.

July 16, 2026
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