Day: July 10, 2025

The schedule for Araz-Nakhchivan matches in the F group of the UEFA Futsal Champions League Qualifying Round has been announced, Azernews reports citing Azerbaijan Futsal Federation.

A new ultra-express block train route from Chengdu and Chongqing—the two major industrial hubs in western China—to Europe via the Middle Corridor was launched on July 9, marking another key step in strengthening transcontinental connectivity, Azernews reports.

Azerbaijan and Saudi Arabia have discussed the commissioning of a major wind power plant, underscoring growing cooperation in the field of renewable energy, Azernews reports, citing Azerbaijani Minister of Energy Parviz Shahbazov shared details of the meeting on his social media account on platform X (formerly Twitter).

President of the State Oil Company of Azerbaijan (SOCAR), Rovshan Najaf, took part in the 9th OPEC International Seminar held in Vienna, bringing together top figures from the global energy industry for high-level discussions on the future of energy, Azernews reports.

These recent increases are notable amid fluctuating global oil dynamics and are particularly significant for Azerbaijan, which has based its 2025 state budget on an average oil price of $70 per barrel. The current price trends indicate a potentially favorable fiscal outlook for the country, given that actual market prices are exceeding budgetary forecasts.