Azerbaijan in the European Union

The first week of July was marked by significant international events—the beginning of Hungary's contentious presidency in the EU, the Shanghai Cooperation Organization (SCO) summit in Astana, and the informal summit of Organizations of Turkic-speaking States (OTS) in Shusha. Aside from discussing political issues, leaders of these organizations talked about the economic future through the implementation of international transport and energy projects.

The Czech Republic is eyeing an expansion of Azerbaijani oil and gas imports to bolster its energy security and reduce dependency on Russian supplies, as highlighted by Peter Binhak, Director for Energy Strategy and International Cooperation at the Czech Ministry of Industry and Trade.

According to Russian experts, the Anglo-Saxon line is the main axis of confrontation in the geopolitical competition between the West and Russia.

Gas, renewable energy, and green technologies took center stage on the first day of the Baku Energy Forum. However, natural gas stole the spotlight following the signing of a landmark agreement between Hungary’s MVM Group and the Azerbaijani state-owned enterprise CJSC Southern Gas Corridor (SGC).