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105 stories · Azerbaijan
A two-bar chart comparing Azerbaijan's average gas export price of 349 dollars per thousand cubic metres with the 109 dollars Georgia paid in January to August 2026, the Georgia bar in amber.
EnergyBrief27 Oct

Azerbaijan’s gas export revenue falls 4.8 percent in eight months on flat volumes

Azerbaijan earned $5.711 billion from 16.378 billion cubic metres of gas exports in January to August, 4.8 percent less than a year earlier on a volume 0.5 percent lower, according to State Statistics Committee data Trend published today. Georgia paid about a third of the average price. Iran was the only import supplier, where Russia and Turkmenistan had been a year earlier.

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  1. The cut face of a thick submarine power cable shows concentric layers of copper, slate blue insulation and steel armour, with one amber fibre inside.
    EnergyBrief26 Oct

    Four governments approve the Black Sea cable study and GECO puts the cost at €22.1 billion

    The feasibility study for the Caspian to Black Sea to Europe green energy corridor is complete and approved by the governments of Azerbaijan, Georgia, Romania and Hungary, the project company GECO said in an investment presentation reported by APA on Saturday. The company puts total investment at about €22.1 billion and plans three high-voltage direct current lines of 1.3 gigawatts each, the first in 2032.

  2. A line chart of Azeri Light’s five daily prints from 20 to 24 October rising from 118.53 to 126.59 dollars a barrel, the last point in amber.
    EnergyBrief26 Oct

    Azeri Light ends the week at $126.59 after a 3.8 percent jump on Saturday

    Report.az’s Saturday print put Azeri Light at $126.59 a barrel, up $4.64 on Friday’s print and the largest single step of the week. Over the four prints since Monday’s $118.53 the grade has gained 6.8 percent by CAW’s arithmetic. Azerbaijan’s budget for this year assumes $65.

  3. A coastal refinery in silhouette at dusk, reflected in still water, with one amber flare on a stack.
    Turkish FactorBrief23 Oct

    SOCAR Turkiye refinances $1.6 billion with 22 banks at SOFR plus 230 basis points

    SOCAR Turkiye raised $1.6 billion of five-year financing from 22 banks of Europe, the Far East and the Middle East to refinance existing obligations, Report wrote on 21 October citing the company. First Abu Dhabi Bank and Mizuho led the deal, demand was 1.8 times the target, the margin is SOFR plus 230 basis points and SOCAR guarantees the loan. The refinanced loans are not named.

  4. A heavy steel chain link cut in cross-section and polished flat, the weld seam visible inside as a lighter band, lying on warm sand.
    PoliticsBrief22 Oct

    Aliyev approves the alliance treaty with Kyrgyzstan and takes Erdogan’s call about Ankara

    Ilham Aliyev signed on 21 October the law approving the Treaty on Allied Relations between Azerbaijan and Kyrgyzstan, signed at Cholpon-Ata on 31 July 2026, Report said at 17:13 Baku. The same evening Recep Tayyip Erdogan telephoned to repeat his congratulations on 35 years of independence and to invite Aliyev to the 13th Organisation of Turkic States summit in Ankara on 29 and 30 October.

  5. An empty plenary hall after a sitting, with curved rows of desks and microphones, papers on the rostrum and one amber desk lamp still lit.
    Turkish FactorBrief21 Oct

    TurkPA closes its 15th plenary in Bishkek with a declaration and the next session in Türkiye

    The Bishkek Declaration ended the Parliamentary Assembly of Turkic States’ 15th plenary on Tuesday, the assembly’s site reported, after the speakers of Azerbaijan, Kazakhstan, Kyrgyzstan and Türkiye, the Turkish Cypriot speaker as an observer and Uzbekistan’s Senate chair Tanzila Narbayeva as a guest had spoken. On the agenda were four model laws, the 2027 budget and the election of two deputy secretaries general.

  6. Enormous steel pipe piles stacked in a low pyramid on an assembly quay at dusk, with a grey sea behind and one amber work lamp.
    EnergyBrief21 Oct

    BP starts offshore construction on the $2.9 billion Shah Deniz Compression project

    Four piles about 70 metres long and 292 tonnes each now stand where the compression platform’s jacket is to be installed in the first half of 2028, BP Azerbaijan said on Tuesday in the Baku agency Report’s account. The platform is to recover about 50 billion cubic metres of gas and 25 million barrels of condensate, and Azeri Light sold at $118.53 the same morning.

  7. Bar chart of Azerbaijan's crude exports in the first nine months of 2026 in million tonnes by buyer: Italy 8.88, Czechia 1.33, Romania 1.01, Germany 0.63 and India 0.52 highlighted.
    EnergyBrief20 Oct

    Azerbaijan’s crude exports fell 6.9% in volume and rose 13% in value over nine months

    The State Customs Committee’s table for January to September puts crude exports at 15.83 million tonnes worth $10.10 billion, with Italy taking 56% of the tonnage. India’s purchases rose fourfold to 524,000 tonnes, and the agency Report has printed no Azeri Light price since Saturday.

  8. An open navy velvet case with an empty gavel-shaped recess and brass clasps on a sandstone surface.
    PoliticsBrief20 Oct

    Kyrgyzstan takes the TurkPA chair from Kazakhstan with a mallet and a list of priorities

    Aibek Dadebai, chairman of Kazakhstan’s Kurultai, handed the symbolic mallet of the Parliamentary Assembly of Turkic States to Jogorku Kenesh speaker Marlen Mamataliev in Bishkek on Tuesday. The assembly’s 15th plenary session runs there on 19 and 20 October with the speakers of Azerbaijan and Turkey in the hall.

  9. Bar chart of Report's Azeri Light prints from 14 to 17 October 2026 against Azerbaijan's $65 budget line.
    EnergyBrief19 Oct

    Azeri Light falls to $116.26 on Report’s Saturday print after $119.04 on Friday

    Report’s Saturday print put Azeri Light at $116.26 a barrel, down $2.78 or 2.33% on Friday’s print of $119.04, which was itself $5.10 or 4.11% below Thursday’s $124.14. No Monday print had appeared on the agency’s energy page by 11:24 Baku time.

  10. Bar chart of Azeri Light at 127.87 dollars a barrel on Wednesday 14 October and 124.14 dollars on Thursday 15 October marked in amber against a dashed line for the 65 dollar budget assumption.
    EnergyBrief16 Oct

    Azeri Light falls 2.91% to $124.14 a barrel on Report’s Thursday print

    Azerbaijan’s export blend fell $3.73, or 2.91%, to $124.14 a barrel on the world market, Report wrote at 09:58 Baku time on 15 October, after the $127.87 print of Wednesday. December Brent futures stood at $127.55 a barrel on the same page.

  11. A cable-laying ship paying out a black cable with yellow bands into a calm sea at dusk with a yellow buoy in the distance.
    EconomyBrief16 Oct

    Kazakhstan and Azerbaijan switch on a 380 km Caspian cable and sign a Middle Corridor pact

    Kassym-Jomart Tokayev and Ilham Aliyev opened the Trans-Caspian fibre-optic line between Sumgayit and Aktau online on 15 October, a 380 km cable on the seabed with a capacity above 400 terabits a second, Report said. In their presence the two governments exchanged a signed agreement on the Middle Corridor and restated a $1 billion trade target, Akorda said.

  12. A row of small slate-blue and brass bells down a long conference table toward a single larger amber bell at the far end.
    PoliticsAnalysis16 Oct

    Baku keeps the CICA chair to 2028 and an Azerbaijani takes the secretary general’s post

    The seventh CICA summit in Baku on 15 October extended Azerbaijan’s chairmanship to 2028, made Azerbaijani ambassador Sultan Hajiyev secretary general to 2030 and admitted Laos as the 29th member, Azerbaijan’s foreign ministry said. Kazakhstan founded the forum in 1992 and a Kazakh ran its secretariat until this week. Kassym-Jomart Tokayev said the members had agreed to turn CICA into a full international organisation, a line the ministry omits.

  13. A slate-blue oil tanker moored beside a pier with loading arms at dusk and an amber beacon on the pier.
    EnergyBrief15 Oct

    Azeri Light slips 2.85% to $127.87 a barrel, $63 above the budget’s $65

    Azerbaijan’s export blend fell $3.75, or 2.85%, to $127.87 a barrel on the world market, Report wrote on 14 October citing an oil-market source, with the FOB Ceyhan price down $4.19 to $116.51. The blend stays about $63 above the $65 a barrel on which the 2026 state budget is calculated.

  14. A single blue ink line drawn across a sheet of kraft paper toward an amber glass inkwell in low sunlight.
    PoliticsBrief15 Oct

    Pashinyan sets terms for peace: no enclaves on either side, all roads open, no claims

    Armenia’s prime minister set out on 14 October what the country should look like after the peace agreement with Azerbaijan is signed and ratified: the same 29,743 square kilometres the state counts today, borders drawn from the Alma-Ata Declaration, enclaves exchanged for land of equal size and all roads open, within TRIPP and beyond it.

  15. A blue rope strung between two weathered posts across cracked dry ground with a single amber knot at its centre.
    PoliticsAnalysis15 Oct

    Four Central Asian presidents are in Baku for the seventh CICA summit

    Tokayev, Mirziyoyev, Rahmon and Japarov are in Baku for the seventh summit of the Conference on Interaction and Confidence Building Measures in Asia on 15 October, their third joint appearance in eight days. Azerbaijan closes two years in the chair with a Baku declaration expected, Laos is to be admitted as the 29th member, and the forum’s depositary and secretary general are Kazakh.

  16. A metro platform opening onto a curved tunnel with a single amber signal glowing above the rails.
    EconomyBrief14 Oct

    ADB lends Baku $302 million for metro signalling inside a $2.6 billion expansion

    The Asian Development Bank approved a $302.38 million loan on 13 October to replace Baku Metro’s signalling with communications-based train control and to digitalise its operations. The project costs $515.07 million, with the Asian Infrastructure Investment Bank adding $79.98 million and the government $132.71 million, and sits inside a state programme the bank puts at $2.6 billion.

  17. Grouped bar chart of IMF real GDP growth forecasts for nine regional economies in 2026 and 2027, with a dashed amber line at 3.1 percent for world growth in 2026.
    EconomyBrief13 Oct

    The IMF slows seven of nine regional economies in 2026 and lifts Uzbekistan and Azerbaijan

    The IMF’s October World Economic Outlook, published on Tuesday, has growth slowing this year in seven of the nine economies CAW covers, with Kyrgyzstan still the fastest at 9% and Azerbaijan the slowest at 1.7%. Uzbekistan edges up to 7.8% and Azerbaijan gains too, from 1.4%. World growth slows to 3.1% in 2026 and recovers to 3.4% in 2027, the Fund says.

  18. Horizontal bar chart of Azerbaijan nine-month output: the oil and gas sector at 30.3 billion manats, down 1.2 per cent, and the non-oil economy at 71.7 billion manats, up 2.6 per cent.
    EconomyBrief9 Oct

    Azerbaijan’s GDP grows 1.5% in nine months as the oil sector shrinks 1.2%

    Azerbaijan’s gross domestic product reached 102.0 billion manats in January to September, 1.5 per cent more than a year earlier, the State Statistics Committee reported on Friday, with the oil and gas sector down 1.2 per cent to 30.3 billion and the rest of the economy up 2.6 per cent to 71.7 billion. Budget revenue ran 2.8 per cent above plan.

  19. A round stone table with three slate-blue chairs in an empty concrete hall, one amber glass on the table and a shaft of light across the wall.
    PoliticsBrief9 Oct

    Putin, Aliyev and Pezeshkian hold the first three-way summit since 2017 at Avaza

    Vladimir Putin, Ilham Aliyev and Masoud Pezeshkian held a trilateral meeting after the Caspian Ecological Summit on Friday, Dmitry Peskov confirmed to Interfax, the first sitting of the Russia, Azerbaijan and Iran format since Tehran in November 2017. APA’s correspondent reported the North-South transport corridor as the main topic, Aliyev then received Pezeshkian separately, and Putin boarded his plane at Turkmenbashi after two full-format bilaterals in two days.