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Presidents of Russia and Iran, Vladimir Putin and Masoud Pezeshkian, on January 17, following negotiations in Moscow, signed a Bilateral Agreement on Comprehensive Strategic Partnership. The agreement...
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As 2025 begins, Azerbaijan faces a convergence of economic and geopolitical challenges that threaten its stability and test its resilience. From fluctuating oil prices to shifting alliances, the count...
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In the Global Firepower (GFP) 2025 ranking, Azerbaijan ranks 60th out of 145 countries with a PowerIndex of 1.2531. While Azerbaijan is not among the leading military powers in the world, its position...
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SOCAR Türkiye Enerji AS (STEAS), a subsidiary of Azerbaijan's state oil company SOCAR, has announced plans to construct new facilities in Turkey for the production of ethylene, polypropylene, and poly...
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Gas and "Green" Energy Were Defining in the Fuel and Energy Complex in 2024
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The presence of "hotspots" on the global map, geopolitical instability, and the uncertain future of the U.S. dollar—the key currency in trade operations—are factors driving increased investments in go...
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The export trunk gas pipeline Urengoy-Pomary-Uzhgorod has recently garnered heightened global attention. This is not due to its rank among the top five longest pipelines in the world (spanning 4,451 k...
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As the potential halt to Russian gas transit through Ukraine approaches—scheduled for 5 a.m. Ukrainian time on January 1, 2025—effectively signaling the cessation of pipeline gas supplies from Russia...
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S&P Global Ratings has reaffirmed Azerbaijan's long-term and short-term sovereign credit ratings in foreign and national currency at "BB+/B" with a stable outlook.
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Azerbaijan plans to reduce its greenhouse gas (GHG) emissions to 54.99 million tons of carbon equivalent by 2030, down from 61 million tons in 2024, the government has reported.