SOCAR can increase the LNG (liquified natural gas) trade of third countries through participation in the creation of appropriate terminals

In alignment with the Paris Agreement on Climate Change, the EU presented its first Biennial Transparency Report (BTR) on November 22 at COP29 in Baku, detailing the Union's climate actions up to 2023.

The heating season and new gas year (which runs from October to October of the following year) in the EU, which began in October, was the focus of discussions among EU energy ministers in Luxembourg on October 15. The talks revolved around potential risks stemming from a possible halt in the transit of Russian gas through Ukraine to the Eurozone.

On October 1, discussions about Azerbaijan were held at the Parliamentary Assembly of the Council of Europe (PACE). Earlier this year, the mandate of Azerbaijan's delegation to the body had not been confirmed, with the key reasons being Baku’s lack of cooperation with the monitoring procedure and the country’s decision not to invite the Assembly to the February 7 presidential elections. Some members of the debate viewed the non-confirmation of Azerbaijan's mandate as a mistake, while the majority stated that no change had been observed in Baku's cooperation with the organization.

Azerbaijan has completed another election. The snap parliamentary elections, held on September 1, are now behind us. This was the second snap election held within a year. Earlier, in February, snap presidential elections took place.