“Masdar” may conclude new agreements with Azerbaijan

Azerbaijan and Israel discussed projects in the field of "green energy", Energy Minister Parviz Shahbazov wrote on the social network "X". He noted that at the meeting with Israeli Minister of Regional Cooperation David Amsalem, the developing cooperation in the hydrocarbon sector, projects implemented in Azerbaijan in the field of production and export of renewable energy, as well as prospects for strengthening bilateral energy ties were discussed.

Kazakhstan has not yet decided on the choice of gasification options in the north and east of the country, continues to study the conditions for the supply of Russian gas to the domestic market, the Minister of Energy of the Republic Almasadam Satkaliyev stated at a government meeting. "The Ministry is working on two options for gasification of the northern and eastern regions," he said.

Iranian Oil Minister Javad Oji said that the country plans to increase daily oil production to 4 million barrels per day by the end of March 2025, IRNA reports. According to the minister, the 13th government administration has begun a movement to increase oil production in the country in order to accelerate the country's economic growth to 8%.

Gas reserves in European underground storage facilities (UGS) exceeded 80%, but lag behind record levels in 2020, when UGS were filled by almost 83%. According to Gas Infrastructure Europe (GIE), Europe's UGS are now 80.09% full, with about 88 bcm of gas in them. The share of wind generation in the EU's electricity generation in July is 14%.