Fedun: Oil Price of $ 50 per Barrel Justified

Between January and September 2024, Georgia increased its natural gas imports from Russia by 6.5% in value, totaling $90.09 million, the data of the  country's National Statistics Service (Sakstat). The overall volume of natural gas imports into Georgia dropped by 18.2%, amounting to $250.33 million.

According to the announced program of the event, 50 presidents, 10 vice presidents, 20 heads of government, and two crown princes from parties to the UN Framework Convention on Climate Change will deliver speeches at the high-level segment of the World Summit on Climate Action at COP29, taking place on November 12-13.

Azerbaijan's Minister of Energy, Parviz Shahbazov, has traveled to Italy for a visit. According to the press service of the Ministry of Energy of Azerbaijan, Shahbazov will participate in the first ministerial meeting of the World Fusion Energy Group (WFEG) under the International Atomic Energy Agency (IAEA), which will be held on November 6 in Rome.

The State Oil Company of Azerbaijan (SOCAR) is participating in the international oil exhibition and conference taking place in the UAE from November 4 to 7, the company's official page on social media "X."