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South Caucasus News

Next phase of Europe’s energy security runs through Azerbaijan


TTF prices near €50/MWh, storage at 36%, a Russian ban taking full effect in 2027, and Hormuz still closed. Azerbaijan supplies 6% of EU gas today. The question, asked by Berlin, Rome, Bratislava, and Baku simultaneously, is how fast that can become 12%.

Categories
South Caucasus News

Iran central bank chief in Qatar amid frozen assets talks


Iran’s Central Bank Governor Abdolnaser Hemmati travelled to Qatar to follow up on the possible release of Iranian foreign exchange assets, according to Iran’s ILNA news agency on Monday, AzerNEWS reports.