Small Solar Power Plant in Gabala produces 55,000 kwh of electricity in one month

Hungarian company MVM Group has completed the acquisition of a 5% share in the “Shah Deniz” gas field development project from CJSC "Cenub Qaz Dehlizi" (CQD) and a 4% share in South Caucasus Pipeline Company (SCPC) from Azerbaijan Gas Supply Company Limited (AGSC).

The Armenian Nuclear Power Plant was disconnected from the national energy system due to a system failure caused by a lightning strike, Armenia's Ministry of Territorial Administration and Infrastructure spokesperson Sona Arutyunyan reported.

Kazakhstan's Energy Minister Almasadam Satkaliyev met with leaders of Chinese companies CNPC (China National Petroleum Corporation) and State Power Investment Corporation in Beijing to discuss prospects for cooperation in the oil and gas sector, including long-term gas supplies to China.

Exports of liquefied natural gas (LNG) from the US to the European Union (EU) rose by 1.9% in June compared to the previous month, reaching 2.9 million tons, according to the US Energy Information Administration. Overall, the US exported 7.5 million tons of LNG in June, a 3.1% decrease from May. EU countries accounted for approximately 38% of total US LNG exports in June.