Bulgaria Continues to Be a Reliable Gas Transit Country for Hungary

The visit of Bulgarian President Rumen Radev to Budapest has reaffirmed the commitment to strengthening economic relations, ensuring the secure flow of energy through Bulgaria, and enhancing cultural ties between the two countries. On 27 May 2024 the Bulgarian President paid a visit to the Hungarian capital to meet with the President of Hungary, Tamás Sulyok,…

Read more

Baku brings about creating renewable energy plants with Masdar

Agreements for green energy projects totaling 1,000 MW in installed capacity have been signed during the visit of Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar Company, to Baku, Trend reports via the Ministry of Energy of Azerbaijan. Specifically, an “Addendum to the Investment Agreement” was signed between the Ministry…

Read more

“Russians never leave,” or how Azerbaijan proved the opposite

On April 17, 2024, an extraordinary development – something that does not happen every day – swept through the region and shocked the observers: the Kremlin confirmed the early withdrawal of Russian peacekeepers from Karabakh, a year ahead of schedule. Back in 2020, around 2,000 Russian peacekeepers arrived following Moscow’s mediation of a ceasefire that halted the fighting between…

Read more