AZAL flights to Saudi Arabia remain unstable amid military risks

Buying stakes in Comstock Resources’ gas assets could transform Azerbaijan’s state energy company from a regional exporter into a global investor. But entry into the American market will carry more than a financial price

Azerbaijan’s First Deputy Economy Minister Elnur Aliyev has discussed opportunities for financing investment projects in the country with representatives of Spain’s Santander Bank. No specific projects, amounts or lending terms have yet been announced. The meeting therefore appears to represent an examination of the market rather than a decision by the bank to deploy capital immediately.

Azerbaijan’s state oil company SOCAR and China National Offshore Oil Corporation, or CNOOC, have signed a memorandum of understanding envisaging joint work on oil and gas exploration and production projects in Azerbaijan and third countries.

New amendments to Nakhchivan's 2023-2027 socio-economic development programme aim to make state support more results-oriented, accelerate local products' access to markets and reduce transport costs. The central question is whether Nakhchivan's...