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Wednesday, September 30, 2026
Azerbaijan’s Absheron gas project: economics behind $4.2 billion investment

Azerbaijan’s Absheron gas project: economics behind $4.2 billion investment

A new major investment phase is beginning in Azerbaijan’s energy sector. The adoption of the final investment decision on the full-scale development of the Absheron gas-condensate field could turn the project into one of the main sources of Azerbaijan’s gas production and export capacity in the coming years. Capital investment of approximately $4.2 billion is involved, and the main question is how much economic value this investment will create for Azerbaijan.

Nation
Azerbaijan signs contract to purchase HÜRKUŞ-II trainer aircraft from Türkiye

Azerbaijan signs contract to purchase HÜRKUŞ-II trainer aircraft from Türkiye

The contract was announced as the 6th Azerbaijan International Defence Exhibition, ADEX-2026, and the 15th anniversary edition of the Securex Caspian International Exhibition for Homeland Security, Security and Rescue Equipment opened in Baku.

Oil & Gas
Global energy risks revive prospects for Trans-Caspian oil pipeline

Global energy risks revive prospects for Trans-Caspian oil pipeline

Military conflicts in the south and north are having a significant impact on global oil supplies. The Iran-US conflict raises concerns over the possible closure of the Strait of Hormuz, while the Russia-Ukraine war has created difficulties for oil transportation through the Black Sea. Several major oil companies operating in Kazakhstan have expressed concerns about the security of oil exports through the Caspian Pipeline Consortium (CPC), which passes through Russian territory. As an alternative, they are considering...

Business
Middle Corridor cargo volumes rise 22% in first eight months of 2026

Middle Corridor cargo volumes rise 22% in first eight months of 2026

Cargo transportation volumes along the Trans-Caspian International Transport Route, also known as the Middle Corridor, increased by 22% in the first eight months of this year, Kazakhstan President Kassym-Jomart Tokayev said.

Armenian-Azerbaijani Relations
Beyond drones: what really changed the 2020 Azerbaijan-Armenia War

Beyond drones: what really changed the 2020 Azerbaijan-Armenia War

27 September should be marked not only in Azerbaijan, but across the South Caucasus, as a day associated with the beginning of a new phase in the region's search for stability and peace.

World
Unknown projectile strikes crude oil tanker in Strait of Hormuz

Unknown projectile strikes crude oil tanker in Strait of Hormuz

The United Kingdom Maritime Trade Operations (UKMTO) reported on Wednesday that an oil tanker was struck by an unknown projectile in the Strait of Hormuz.

Analysis

Lifestyle
New Quantum Memory Matrix theory offers fresh view of Universe

New Quantum Memory Matrix theory offers fresh view of Universe

Physicists led by Florian Neukart of Leiden University have proposed a theoretical framework called the Quantum Memory Matrix (QMM) that seeks to provide a common description of several problems in fundamental physics, including the black-hole information paradox, dark matter, dark energy and the possibility of a cyclic Universe.

Culture
Azerbaijani language draws interest at Language Fair in Sofia [PHOTOS]

Azerbaijani language draws interest at Language Fair in Sofia [PHOTOS]

A Language Fair has been held in the square in front of the Ivan Vazov National Theatre in Sofia.

Travel
Azerbaijani pilgrims currently at Medina international airport

Azerbaijani pilgrims currently at Medina international airport
Second group of Azerbaijani pilgrims to depart for Hajj this month

Second group of Azerbaijani pilgrims to depart for Hajj this month
Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]

Astana celebrates Novruz with festive events and cultural celebrations [PHOTOS]
Albania’s impeccable hospitality and exuberant architecture

Albania’s impeccable hospitality and exuberant architecture
Experience charm of autumn season at Shahdag National Park

Experience charm of autumn season at Shahdag National Park
Georgian foreign travelers arrive in Shusha

Georgian foreign travelers arrive in Shusha

Events
"Power of Unity – 2026" joint military exercise continues in Azerbaijan [PHOTOS/VIDEO]

"Power of Unity – 2026" joint military exercise continues in Azerbaijan [PHOTOS/VIDEO]

The next phase of tasks has been successfully completed during "Power of Unity – 2026” joint military exercise hosted by Azerbaijan.

Sports
Azerbaijan Basketball Federation unveils plans for new season [PHOTOS]

Azerbaijan Basketball Federation unveils plans for new season [PHOTOS]

The Azerbaijan Basketball Federation (ABF) has officially wrapped up the previous season and unveiled its plans for the 2026/27 campaign at an event held at the Four Seasons Hotel.

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