Azerbaijan possesses a significant number of resources, especially in wind and solar energy, Rolande Pryce, WB Regional Director for the South Caucasus, told Trend.

Over 15.5 million megawatt-hours (MWh) were transported on the Greece-Bulgaria gas interconnection in 2023. The project celebrated its first anniversary and successfully achieved 365 days of operation without interruption of activities.

According to a CEWR announcement from January 1, 2024, the Commission for Energy and Water Regulation approved the price of natural gas for the month of January in the amount of BGN 77.60 per megawatt hour (MWh), excluding access, transmission, excise and VAT prices. At this price, Bulgargaz JSC will sell natural gas to final suppliers and to persons who have been issued a license for the production and transmission of thermal energy.

Azerbaijan is currently awaiting Armenia’s response to Baku’s comments on the latest draft of the peace proposal, Elchin Amirbayov, Azerbaijan's Presidential Representative for Special Assignments, said in an interview with The Guardian, Trend reports.

The Secretary General of the Organization of Turkic States welcomes the Joint Statement of the Administration of the President of the Republic of Azerbaijan and the Office of the Prime Minister of the Republic of Armenia issued on December 7, 2023, regarding the agreement between the two countries on the political dialogue and confidence-building measures, the organization said in a statement, Trend reports.

There's no longer a need for any mediation between Azerbaijan and Armenia, former US Ambassador to Azerbaijan Matthew Bryza told Trend.

Talking about the agreement reached between the two countries on mutual release of detained military servicemen, he noted that this is a landmark agreement of historical importance.

NATO strongly supports normalization efforts between Azerbaijan and Armenia, Javier Colomina, NATO Deputy Assistant Secretary General for Political Affairs and Security Policy and Special Representative for the Caucasus and Central Asia, said, Trend reports.

Germany congratulates Armenia and Azerbaijan on taking courageous steps and building confidence, Steffen Hebestreit, German Government Spokesperson, said, Trend reports.

„We stand ready to support further normalization process based on mutual recognition of sovereignty, inviolability of borders, and territorial integrity“, he wrote on his page on X.

The State Building and Law Commission of the Armenian Parliament rejected a bill criminalizing Armenia's renouncement from Azerbaijan's Karabakh, Trend reports via the Armenian media.

The bill put forward by the opposition provided for amendments to the Criminal Code in connection with the refusal to recognize “Karabakh’s right to self-determination”.

Armenia uses the Batumi-Novorosiysk sea route to bring cars and medical equipment produced by Western companies to the Russian Federation.

Armenia intensively uses the sea route between the ports of Batumi (Georgia) and Novorossiysk (Russia) to re-export to the Russian Federation goods subject to sanctions. As a result, 600 twenty-foot containers are transported on the Batumi-Novorosiysk sea route every week. All these shipments are carried out by "Armenian Shipping Company".