Azerbaijan reveals county’s gas production volume


In January 2024, Azerbaijan increased gas production by 30 million cubic meters, said Minister of Energy of Azerbaijan Parviz Shahbazov on X, Trend reports.

"During this period, 2.3 billion cubic meters of gas were exported out of a total of 4.3 billion," he wrote.

In addition, the minister stressed that oil production for January amounted to 2.5 million tons, of which 2.1 million tons were sent for export.

Pashinyan states his intention to sign peace treaty with Azerbaijan

Ingilab Mammadov

The principles of the peace treaty between Armenia and Azerbaijan have been agreed upon, Yerevan has the political will to sign this document, Prime Minister of Armenia Nikol Pashinyan said, Trend reports.

“Essentially, the principles of the peace treaty between Armenia and Azerbaijan have been agreed upon, and at the end of last year it seemed to us that we were very close to final agreement,” Pashinyan said in an interview with The Telegraph.

Armenia expects meeting on border delimitation with Azerbaijan in near future

Ingilab Mammadov

Armenia expects to hold a meeting on border delimitation with Azerbaijan soon, Armenian Deputy Prime Minister Mher Grigoryan said, Trend reports.

„Despite the fact that there is no agreement on the date of the next meeting yet, I think we will organize it soon“, he noted.

Azerbaijan, US explore financial cooperation

Kamran Gasimov

Azerbaijan and the US discussed cooperation in the financial sector, Trend reports.

According to the Central Bank of Azerbaijan (CBA), a meeting was held with representatives of the Bank of New York Mellon.

The CBA noted that during the meeting the macroeconomic situation in Azerbaijan, issues of development of the banking sector, as well as prospects for cooperation between the financial systems of both countries were discussed.

IPU secretary general annonces possible date of discussions on creating Azerbaijan-Armenia interparlamentary dialogue platform

Laman Zeynalova

The discussions on creating Azerbaijan-Armenia interparliamentary dialogue platform may take place in March in Geneva, Secretary General of the Inter-Parliamentary Union (IPU) Martin Chungong said in an exclusive interview with Trend, as he visited Baku.

“Sarmatia” oil pipeline joint stock company opts for new president

Lada Yevgrashina

Sarmatia Oil Pipeline Joint Stock Company has changed president, Trend reports via Sarmatia.

According to the decision of shareholders, the JSC was headed by Bozena Knipfelberg, a representative of the Polish company PERN S.A.

To note, the company was established in 2004 on the initiative of PERN Przyjazn and Ukrtransnafta for the completion of the Odessa-Brody-Plotsk-Gdansk oil pipeline.

„Fitch Solutions“ forecasts possible timing of signing peace agreement between Azerbaijan and Armenia

Ingilab Mammadov

Azerbaijan and Armenia may sign a peace treaty in the first half of 2024, Trend reports, via “Fitch Solutions” (“Fitch group” company).

“We believe that a peace agreement between Azerbaijan and Armenia could be concluded as early as the first half of 2024”, “Fitch Solutions” stated.

Araz river crisis: Armenia’s mining pollutants colossally undermine neighbours’ ecology

Elnur Baghishov

The head of Iran’s Mining House Mohammad Reza Bahraman has expressed his concern about the pollution of the Araz river by the Armenian copper mines, Trend reports.

Bahraman noted that unfortunately the Iranian government has ignored this problem, while the Iranian mining sector has followed all the required standards.

The official added that some groups in the mining field have criticized the Iranian mines for being unethical.

The EU, through its structures, will allocate 10 billion euros for the development of TITR

Lada Evgrashina

The EU, through its structures, will allocate 10 billion euros for the development of the Trans-Caspian International Transport Route (TITR), European Commissioner for Trade Valdis Dombrovskis said on January 29 in Brussels at the Global Gateway global investment forum.

Trend reported this on Monday with reference to Dombrovskis’s page on social networks.

Yerevan states readiness to engage with Azerbaijan to clarify fate of missing persons

Ingilab Mammadov

Yerevan is ready to cooperate with Azerbaijan in clarifying the fate of persons reported missing, the statement of Armenia's Interdepartmental Commission on Captives, Hostages and Missing Persons reads, Trend reports.

"Armenia has repeatedly stated, including on high and highest levels, that it is ready to cooperate with Azerbaijan to clarify the fate of persons reported missing," the statement reads.

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