Economy

Qatar may start buying LNG from US

One of the world's leading LNG producers may begin importing liquefied gas, with media reports indicating Qatar is in talks with the US

China plans wind farm near Ekibastuz in Kazakhstan

Preliminary agreements have been reached between Chinese and Kazakh energy sector representatives for the construction of a large‑scale wind power plant in Kazakhstan's Pavlodar region.

Azeri Light oil scales up in price

The CIF price of Azerbaijan's Azeri Light crude at Italy's Augusta port increased by $5.14 from the previous level to $113.32 per barrel, a source in the oil market said.

Beijing names Baku key Belt and Road partner

Azerbaijan is a key partner of China in the joint construction of the Belt and Road Initiative, Chinese Ambassador to Azerbaijan Lu Mei said at an event dedicated to the 20th anniversary of China Southern Airlines' office in Baku.

New Batumi-Sarpi highway to be built in Georgia

The Roads Department of the Georgian Infrastructure Ministry has signed a contract with the Chinese company China Railway Tunnel Group to construct an 11.3 km highway that will connect the Batumi bypass road with the Sarpi border crossing point on the border with Turkey within the international East-West corridor, the department said.

Baku to begin dredging operations in Caspian Sea in 2026

Dredging operations in the Azerbaijani sector of the Caspian Sea in cooperation with international partners will begin at the end of 2026, Director General of Baku International Sea Trade Port LLC Eldar Salahov said.

Brent crude rises above 100 dollars for first time since July

Benchmark Brent crude oil futures rose ‌past $100 a barrel on Wednesday, hitting a more than six-week high and breaching the symbolic threshold for the first time since July 24 as intensifying conflict in the Middle East heightened concerns about oil flows from the region.

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