Day: November 1, 2023

SOCAR, together with British BP and Israeli company “NewMed Energy”, will explore for natural gas in Israel’s exclusive economic zone in the Mediterranean Sea, the Ministry of Energy and Infrastructure of Israel.”According to the results of the fourth round of offshore bidding for natural gas exploration in the exclusive economic zone of Israel, a consortium of SOCAR, BP and “NewMed Energy” companies has received a license from the Ministry of Energy and …

Russia may occupy up to 30% of the global liquefied natural gas (LNG) market by 2035, First Deputy Minister of Energy of the Russian Federation Pavel Sorokin said.”Our goal is 100 million tons of LNG by 2030, and we expect to occupy up to 30% of the global market by 2035. Now, let me remind you, our share is about 7%,” Sorokin said during the St. Petersburg International Gas Forum.Sorokin also noted that the energy strategy of the Russian …

In January-August 2023, the countries of the European Union (EU) increased oil imports from Azerbaijan by 11.1%, to 14.283 million tons compared to the same period last year, the monthly report of the Statistical Office of the European Union (Eurostat).The value volume of oil imports from Azerbaijan to the EU countries during the reporting period amounted to 8.454 billion euros (a decline of 15.7% year-on-year).Among the EU countries, the five largest …

New building of Sumgayit City Hospital No 2 was inaugurated VIDEO  AZERTAC News

Azerbaijan makes amendments to law “On Hunting”  AzerNews.Az

The European Union is weighing a new round of restrictions that would hit some €5 billion ($5.3 billion) in trade with Russia as part of a sanctions package targeting Moscow for its war against Ukraine, Report informs via Bloomberg.

Egypt has stationed tanks and armored vehicles near the Rafah border crossing into Gaza, Report informs via The Times of Israel.

North Korea has permanently closed its embassy in Madrid, a document showed Wednesday, the latest in a series of the reclusive regime’s moves to shut down several diplomatic missions due apparently to economic difficulties worsened by global sanctions, Re

EU Preparing New Aid Package for Displaced Karabakh Armenians  Armenian News by MassisPost

The Japanese yen on Tuesday weakened beyond the 160 level to the euro, the lowest since August 2008, after the Bank of Japan announced further adjustments to its yield curve control policy, Azernews reports, citing Anadolu Agency.