AzerNews - News from Azerbaijan, Business, Energy, Analysis
President of the Russian Federation Vladimir Putin made a phone call to the President of the Republic of Azerbaijan, Ilham Aliyev, on December 28. "The remains of our compatriots who died in a plane crash near the city of Aktau, Kazakhstan, have been brought home in the next stage. Their remains ...
SOCAR turns into driving force behind energy evolution & global ...
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Analyzing Azerbaijan's GDP growth in 2024 - Azernews.Az
2024年6月17日 · Azerbaijan's economy has shown remarkable resilience and growth in the first five months of 2024, with a notable surge in its Gross Domestic Product (GDP). From January to May, the GDP soared by 4.2%, reaching an impressive 48,026.0 million manats. Azernews delves into the factors contributing to this economic upturn, particularly focusing on the significant …
Azerbaijan's green energy transition: Commitment to sustainable …
2024年10月19日 · Azerbaijan is making significant strides in its transition to a green energy strategy, demonstrating a keen awareness of global trends and a proactive approach to international challenges.
Azerbaijan, Uzbekistan forge stronger economic and political ties ...
2024年8月23日 · In recent months, Azerbaijan and Uzbekistan have significantly advanced their economic and political relationship. The recent state visit of Azerbaijani President Ilham Aliyev to Uzbekistan has marked a significant moment in the burgeoning economic relationship between the two Central Asian nations. With high-profile meetings, strategic agreements, and new …
BRICS 2024: Roadmap for multipolar global governance in …
2024年10月27日 · The recently concluded BRICS Summit in Kazan, held from October 22 to 24, 2024, demonstrated a significant shift in the dynamics of global governance, trade, and security cooperation. This summit took place amid an increasingly complex geopolitical environment and was aptly themed "Strengthening Multilateralism for Just Global Development and Security." …
Advancing as green energy exporter: Black Sea Cable enhances …
2024年9月5日 · Azerbaijan is adapting to emerging global challenges by transitioning from its historical reliance on oil and gas resources. While the country has traditionally depended on these energy sources, it is now effectively pursuing economic diversification.
Azerbaijan's renewable energy drive: Beacon of sustainability …
2024年10月21日 · Azerbaijan is strategically embracing renewable energy as a key component of its socio-economic development. With significant potential in both onshore and offshore sources, the country is steadily moving towards sustainable energy solutions in alignment with global trends.The country is harnessing its vast renewable energy potential as the countdown to …
Defying Doubts: Azerbaijani Natural Gas Emerges as Europe's Lifeline
2024年11月27日 · Production and export of natural gas to the European market is one of the recent triumphs of the Azerbaijani government. Oil was Azerbaijan's primary export, accounting for over 90 per cent of its export revenues prior to gas exportation. This reliance made the Azerbaijani economy more vulnerable to risks. Therefore, the government urgently needed a …
Azerbaijan's SOCAR on frontline of energy transition
2024年11月18日 · Once synonymous with Azerbaijan's oil and gas wealth, the State Oil Company of Azerbaijan (SOCAR) is now making waves on the global stage as it embarks on a transformative journey into the green energy sector. With an ambitious strategy unveiled at COP29, SOCAR aims to position itself not merely as an energy company but as a pioneering …