Azerbaijan

Azerbaijan says it is developing a nuclear programme

Cavid Aga in Ankara March 4, 2025

The Azerbaijani government is actively working on the peaceful development of its nuclear energy programme, Deputy Energy Minister Elnur Soltanov told a parliamentary committee hearing.

SOCAR implements AI-driven energy efficiency programmes

bne IntelliNews March 3, 2025

SOCAR has launched artificial intelligence-based energy efficiency programmes at its carbamide plant in Absheron as part of a pilot project.

Can Emerging European countries afford to rearm?

Clare Nuttall in Glasgow March 2, 2025

As European countries face a pressing need to rearm amid fears the US may pull back from its security commitments, an EBRD report shows higher defence spending is already putting pressure on public finances.

EBRD lowers 2025 forecasts citing subdued global growth and trade fragmentation

Clare Nuttall in Glasgow February 27, 2025

Weaker external demand and potential impact of Trump tariffs weigh on Emerging Europe, Central Asia and Semed regions, with growth now projected at 3.2%.

Fitch warns over political and geopolitical risks to South Caucasus sovereign ratings

Cavid Aga in Ankara February 26, 2025

Political and geopolitical developments that heighten external vulnerabilities and policy weaknesses in the South Caucasus are exerting a significant influence on the sovereign credit profiles of the region’s countries, rating agency says.

Azerbaijan moves to erode media freedom

bne IntelliNews February 24, 2025

The suspension of BBC News Azerbaijani’s operations and the financial collapse of Turan Information Agency — within days of each other — signal an accelerating erosion of independent journalism.

Azerbaijan positions itself as a key player in the global hydrogen economy

Cavid Aga in Ankara February 23, 2025

Azerbaijan targets 1.9mn tonnes of hydrogen production by 2060, and plans exports to Europe and Asia.

S&P projects 15% growth for Azerbaijan's banking sector in 2025, lifts GDP outlook

bne IntelliNews February 17, 2025

From 2021 to 2024, bank lending grew by 18%, largely driven by a surge in consumer loans.

Azerbaijan's energy production stable as investments in Shah Deniz and ACG continue

Cavid Aga in Ankara February 14, 2025

Azerbaijan's energy sector maintained steady production in 2024, with significant investments directed toward the Shah Deniz gas-condensate field and the Azeri-Chirag-Gunashli oil and gas block, according to BP report.

Moscow cracks down on Azerbaijani migrants after rift with Baku

Cavid Aga in Baku February 13, 2025

Russia-Azerbaijan relations are worsening, exacerbated by the fallout from the downing of an Azerbaijani passenger aircraft and subsequent diplomatic disputes.

US Energy Department offers fresh figures on Caspian Basin energy reserves & production

bne IntelliNews February 12, 2025

A comprehensive overview of the regional energy sector.

Baku moves to close Russian cultural centre as diplomatic tensions rise

Cavid Aga in Ankara February 7, 2025

Azerbaijan’s increasingly assertive stance on Russian matters marks a shift from its previous balancing act between Moscow and the West.

Azerbaijan releases Russian 'golden judge' despite Moscow’s extradition request

Cavid Aga in Ankara February 6, 2025

Azerbaijan typically complies with such extradition requests, but relations with Russia have deteriorated recently.

COMMENT: Turkey, Azerbaijan and Uzbekistan create new Eurasian economic hub

Seymur Mammadov in Baku February 5, 2025

A growing partnership between Azerbaijan, Turkey and Uzbekistan marks an important shift in regional economic diplomacy.

Azerbaijan claims possession of Russian missile fragment extracted from doomed AZAL Flight 8243

bne IntelliNews February 5, 2025

Cautiously worded Kazakh government report on tragedy, meanwhile, stops short of identifying “foreign metal objects”.

Azerbaijan launches border security operation amid rising tensions with Russia

bne IntelliNews February 4, 2025

The timing of Azerbaijan's large-scale Border Shield operation raises geopolitical questions.

COMMENT: Trump’s return holds both peril and promise for the South Caucasus

Richard Giragosian in Yerevan February 4, 2025

Struggling democracy Armenia left isolated and vulnerable, while for the leaders of Azerbaijan and Georgia, Trump’s victory indicates a welcome relief from the usual US emphasis on democracy and human rights.

COMMENT: Ukraine eyes key role in Azerbaijani gas transit to Europe

Fuad Shahbazov in Durham February 3, 2025

Kyiv wants to become a transit hub for Azerbaijani gas after ending Russian gas transport, but plan faces political, logistical and economic hurdles.

Families of Karabakh Armenian leaders condemn sham trials in Azerbaijan

Neil Hauer in Yerevan January 31, 2025

Trials of Russian-Armenian billionaire Ruben Vardanyan and fellow former Karabakh leaders draw little Western attention despite Azerbaijan’s poor human rights record.

China enhances position as Central Asia’s economic overlord

Eurasianet January 29, 2025

Trade balance heavily favours Beijing.

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