Energy

Georgia Lifts Azerbaijani Gas Imports 6.9% as Energy Reliance Deepens

Georgia Lifts Azerbaijani Gas Imports 6.9% as Energy Reliance Deepens

Georgia increased natural gas imports from Azerbaijan by 6.9% in January-July 2026, State Customs Committee data show, alongside a 23% rise in fuel and lubricant purchases.

September 22, 2026
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Armenia Plans to Buy Gas From Four Suppliers as Moscow Signals Price Risk

Armenia Plans to Buy Gas From Four Suppliers as Moscow Signals Price Risk

Yerevan says it will source gas simultaneously from Russia, Iran, Azerbaijan and Turkey, as Moscow warns the $165 per 1,000 cubic metre border price may not hold.

September 22, 2026
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Masdar and SOCAR Green Close Financing on 760MW of Azerbaijani Solar

Masdar and SOCAR Green Close Financing on 760MW of Azerbaijani Solar

Masdar and SOCAR Green reached financial close on the 445MW Bilasuvar and 315MW Neftchala solar plants, a package of more than $600m backed by EBRD, AIIB and ADB.

September 22, 2026
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Georgia's Energy Fund Says Khudoni, Namakhvani, Nenskra All Viable

Georgia's Energy Fund Says Khudoni, Namakhvani, Nenskra All Viable

Georgia's Energy Development Fund says its three largest stalled hydropower projects remain technically viable, with work under way on Khudoni alternatives, but concedes unresolved community opposition.

September 20, 2026
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SOCAR Completes Africa Entry With 10% Stake in Cote d'Ivoire's Baleine

SOCAR Completes Africa Entry With 10% Stake in Cote d'Ivoire's Baleine

Eni has completed the sale of a 10% interest in the Baleine offshore project to SOCAR, giving the Azerbaijani state oil company its first producing African asset.

September 19, 2026
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Georgia to Add 300MW of Renewables as Energy Lending Hits GEL 3.18bn

Georgia to Add 300MW of Renewables as Energy Lending Hits GEL 3.18bn

Georgia will add more than 300MW of renewable capacity in 2026, with bank lending to the energy sector up 30% to GEL 3.18bn and a 250MW ADB-backed battery procured.

September 19, 2026
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Azerbaijan and Uzbekistan Sign 2026-2028 Energy Cooperation Roadmap

Azerbaijan and Uzbekistan Sign 2026-2028 Energy Cooperation Roadmap

Energy ministers Parviz Shahbazov and Sherzod Khodjayev signed a 2026-2028 roadmap covering oil, gas, renewables and the Central Asia-Azerbaijan Green Energy Corridor.

September 18, 2026
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Georgia Budgets GEL 25M for Black Sea Cable Eyeing EUR 6B Exports

Georgia Budgets GEL 25M for Black Sea Cable Eyeing EUR 6B Exports

Tbilisi has allocated GEL 25 million in its 2026 budget for survey work on the 1,155 km Romania link, which studies suggest could earn EUR 6 billion a year.

September 17, 2026
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