SOCAR is advancing a $5-7 billion petrochemical expansion at Petkim in Türkiye, with a final investment decision due by end-2026, Fitch says.
Azerbaijan exported 16.37 bcm of gas worth $5.7 billion in January–August 2026; value fell $286 million (4.8%) while volumes slipped just 0.5%, official data show.
SOCAR is preparing a final investment decision by end-2026 on a petrochemical expansion in Türkiye worth up to $7 billion, while Fitch projects capex of AZN 4 billion a year.
Azerbaijan is fast-tracking permits for utility-scale solar and wind projects in Karabakh, positioning the region as a flagship green energy zone.
Seasonal electricity exports to Turkey and Armenia capitalize on abundant water resources
Solar and wind projects accelerate Armenia's transition away from fossil fuel dependency
Poland's development bank BGK commits PLN 2.117 billion to five domestic companies for 343 MW of green hydrogen projects.
Dolomiti Energia Group secures €200 million from EIB to accelerate renewable energy and grid investments across Italy.
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