Business & Economics
TAP Getting Ready for Materials’ Testing to Supply Hydrogen
The Trans Adriatic Pipeline (TAP) consortium will test its asset materials for hydrogen supplies this month, TAP AG told Trend. “We are in the process of assessing the degree to which TAP can technically accommodate transporting a blend of natural gas
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SOCAR Targets Zero Carbon Dioxide Emissions From Oil And Gas Production
“Our main goal is to achieve zero carbon dioxide emissions from oil and gas production. From this point of view, SOCAR is undergoing an evolution and becoming an energy company.” President of the State Oil Company of the Republic of
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Caspian-European Union Green Energy Corridor Project Takes Place in Baku.
On December 18, the energy structures of Azerbaijan, Georgia, Romania, and Hungary met at the Four Seasons Hotel in Baku within the framework of the Caspian-European Union Green Energy Corridor project, Azernews reports. President of Azerenergo Baba Rzayev, Deputy Energy Minister Elnur
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Türkiye’s Exports See Record High November Figure
Exports rise 5.2% at annualized pace to $23B, says trade minister, citing preliminary data By Tuba Onğun, Anadolu Agency Türkiye’s exports saw a record high November figure at $23 billion, the country’s trade minister announced on Saturday. Overseas shipments increased
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SPECA Is an Institutional Cooperation Format
By Mr. Vugar Bayramov, Member of the Parliament of Azerbaijan. A Summit dedicated to the 25th anniversary of the UN Special Program for the Economies of Central Asian Countries – SPECA was held in Baku, last week. Presidents and other high-level
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Azerbaijan’s Gas Shipments to Italy Via TAP Dropped 4.3% in Jan-Sept
Gas shipments from Azerbaijan to Italy via the Trans Adriatic Pipeline (TAP) in January-September 2023 totaled 7.373 bcm, which is 4.3% less than the same period in 2022. The Italian Ministry of Environment and Energy Security said that, in September
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Τürkiye’s Electricity Installed Capacity Exceeds To 105,000 MW In 100 Years Of Turkish Republic
In Türkiye, total number of power plants increased to over 12,000 as of October 2023 Türkiye exceeds installed electricity capacity from 33 megawatts (MW) in 1923 to 105,659 MW as of October 2023, with the help of energy investments realized
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Central Bank of Azerbaijan Predicts Inflation Within 6% By End Of 2023
The Central Bank of Azerbaijan forecasts annual inflation at 6% for 2023, Central Bank Chairman Taleh Kazimov said. “Based today on August indicators, annual, 12-month inflation is 8%. According to our forecasts, at year-end, inflation will be within 6%,” he
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China Wants to Foster Close Cooperation with Azerbaijan in Green Energy Dev’t – Ambassador (Exclusive Interview)
By Laman Zeynalova China wants to foster close cooperation with Azerbaijan in green energy development and energy storage in the future, Ambassador of the People’s Republic of China to Azerbaijan Guo Min said in an exclusive interview with Trend. “China takes
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Geopolitical Initiatives On The Regional And Global Levels On The Example Of BRICS
By Nika Chitadze, Professor of the International Black Sea University Director of the Center for International Studies BRICS is an acronym for the top five emerging (except Russia) economies: Brazil, Russia, India, China, and South Africa. The first four were
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