Is Euro-5 quality diesel available on the internal market of Azerbaijan?

The Asian Development Bank (ADB) has allocated $225,000 through a special technical assistance Fund for the implementation of the project to create a "green energy corridor" across the Caspian Sea.

From January to August 2024, Georgia imported 1 bcm of natural gas from Azerbaijan worth $149.5 million, which is 18% less in value and 10% less in volume compared to the same period in 2023, the National Statistical Office of Georgia reported. According to the information, Azerbaijan ranked first among the countries exporting natural gas to Georgia.

From January to August 2024, Armenia produced 6,121.2 million kWh of electricity, by 2.4% more than in the same period in 2023, the data published by the National Statistical Committee of Armenia. The largest share of electricity generation - 40% - comes from thermal power plants, producing 2,448.1 million kWh (a decrease of 8.3%).

KMG Drilling and Services, a subsidiary of the national company “KazMunayGas” (KMG), has opened an office in Turkmenistan and will deploy its self-elevating floating drilling rig (SEADRILL) "Satti" for operations in the Turkmen sector of the Caspian Sea.