The Belt and Road Initiative (BRI) has been a transformative global project since it was proposed in 2013.

“Moldova intends to buy gas from Azerbaijan via Romania under a contract signed between SOCAR and Romgaz SA,” Speaker of the Parliament of Moldova Igor Grosu told TVR channel.

Within the framework of the summer schedule for 2023 (from March 26 to October 29), "Azerbaijan Airlines" CJSC announces the sale of tickets for 29 euros to 9 destinations.

London ICE (InterContinental Exchange Futures) has seen some changes.

Despite the obvious commercial and strategic advantages of Turkmen gas reaching Europe via Azerbaijan and the Southern Gas Corridor, I think the likelihood of this happening is fairly low.

“During the third quarter, ACG continued to safely and reliably deliver stable production. Total ACG production for the first three quarters was on average about 418,000 barrels per day (b/d) (about 114 million barrels or 15 million tonnes in total) from the Chirag (25,000 b/d), Central Azeri (105,000 b/d), West Azeri (108,000 b/d), East Azeri (63,000 b/d), Deepwater Gunashli (77,000 b/d) and West Chirag (40,000 b/d) platforms,” bp Azerbaijan told Baku Tribune.

An interview to Baku Tribune was given by Stephen O'Sullivan, a senior visiting research fellow at the Oxford Institute for Energy Studies.

Azerbaijan and Pakistan are working on signing the Transit Trade Agreement, Pakistan's ambassador to Azerbaijan, Bilal Hayee, told Report.

Repairing the ruptures that occurred on the lines of the Nord Stream 1 and Nord Stream 2 gas pipelines may take more than six months, Pavel Zavalny, who heads the State Duma’s (lower house) Committee on Energy, believes.

Azerbaijani oil price has decreased on the world markets.

“In January-February 2022, revenues from the private section of the non-oil sector increased by 44.9% and amounted to 1,076.7 mln manats,” said Azerbaijan`s Minister of Economy Mikayil Jabbarov.

In January 2022, daily oil production (including condensate) in Azerbaijan amounted to 700,500 barrels, including 580,900 barrels' crude oil and 119,600 barrels' condensate, the Ministry of Energy told AZERTAC.

35 108,8 million cubic meters of gas were transported via main gas pipelines in Azerbaijan last year, which is 18,6% more in annual comparison, the State Statistics Committee told APA-Economics.

Azerbaijani economy grew by 5.6% in real terms in 2021, according to the preliminary data, Baku Tribune reports.

Oil prices have increased on the world markets.

Markets on Wall Street closed higher on Friday as investors digested economic data reports that showed consumer sentiment in the United States hit a 10-year low this month, while September job openings remained unchanged from the previous month. Stocks still posted weekly losses as concerns about high inflation following the latest consumer price index report continued to affect sentiment.

Azerbaijan's strategic currency reserves have increased by USD 12.8 bln. or 34.5% over the last 5 years (2016-2021), APA-Economics reports citing report of State Oil Fund of the Republic of Azerbaijan (SOFAZ) on 2020.

Shares in the Asia-Pacific region traded with losses on Wednesday after China's National Bureau of Statistics revealed that the consumer price index (CPI) in the country advanced 1.5% on an annual level.

House prices in the United Kingdom increased by 8.1% in October compared to the same month in 2020, according to Halifax's monthly House Price Index report published on Friday. The figure came in above estimates.

Deutsche Lufthansa AG reported on Wednesday that its total revenue in the third fiscal quarter of 2020 landed at €5.21 billion, missing estimates although landing 96% higher than in the same period the previous year. The company's operating expenses in the same period grew by 32% year-over-year to stand at €5.65 billion.