top of page
All Articles
OBYEKTIV MEDIA


Caspian Gas: How Europe's Move Away from Russia Benefits BP in Azerbaijan
Discover how Europe's gas cut-off (2028) makes Azerbaijan a key energy partner and fuels BP’s $2.9B Shah Deniz expansion. Analyze the geopolitical risks.
Nov 283 min read


Bridge Collapse in Georgia Linked to Corruption: The Akkord Case
Georgian prosecutors link the 2023 bridge collapse built by Azerbaijan's Akkord to massive corruption and fraud. Former official Levan Kupatashvili is arrested over faked work certificates and $5.8M state loss. Get the details on the Samtredi-Grigoleti scandal.
Nov 142 min read


Kazakh wheat has been shipped to Armenia through Azerbaijan.
Historic: The first 1,000-ton shipment of Kazakh wheat reached Armenia via Azerbaijan after cargo transit restrictions were lifted, a major step enabled by recent peace agreements and Washington accords. This boosts regional cooperation.
Nov 81 min read


Armenia intends to import various goods from Russia through Azerbaijan, according to Prime Minister Nikol Pashinyan.
Armenia plans to import Russian goods (incl. grain) by rail through Azerbaijan, restarting a route closed since the 90s. This landmark transit, following the removal of Azeri restrictions, is key to boosting regional economic ties, EAEU market access, and strengthening peace between Yerevan and Baku. Applications are open.
Nov 67 min read


Azerbaijan Lifts All Restrictions on Cargo Transit to Armenia
Azerbaijan has lifted all restrictions on cargo transit to Armenia. This was announced today by Azerbaijani President Ilham Aliyev in Astana during a press statement with Kazakhstan's President Kassym-Jomart Tokayev.
Oct 222 min read


Azerbaijan Inflation Debate: Official Figures Challenged
New data released by the State Statistics Committee (DSK) has highlighted a continued inflationary environment in Azerbaijan, although independent economists claim the real cost of living increase is significantly higher, potentially reaching double-digit figures.
Oct 132 min read


3 Surprising Truths About Azerbaijan's Economy Hidden in Plain Sight
Uncover 3 shocking truths about Azerbaijan's economy: the 5% unemployment rate that masks 20% joblessness, the innovation gap, and its role as a backdoor for Russian oil to the EU.
Oct 35 min read


Cost of Metro and Bus Fares Rises in Azerbaijan
Azerbaijan public transport fares rise 20% (0.6 manat / $0.35) starting October 1 for Baku Metro and buses. Details on tariff changes, carrier sustainability, and fleet renewal plans.
Sep 291 min read


SOCAR acquires Italian energy giant Italiana Petroli
SOCAR's acquisition of Italian energy giant Italiana Petroli (IP) marks a major step in expanding its European presence. The deal strengthens economic ties between Azerbaijan and Italy, boosting Europe's energy security with IP's vast network of refineries and filling stations.
Sep 242 min read


AZAL Adds New Airbus A320neo to Its Fleet
Azerbaijan Airlines (AZAL), the national carrier of Azerbaijan, has introduced a new Airbus A320neo passenger aircraft into service, the company's press service reported.
Sep 211 min read


Azerbaijan Navigates Economic Crossroads with Major Foreign Investments and Planned Domestic Tax Hikes
Azerbaijan is facing a complex economic landscape as falling export oil prices and declining domestic production challenge its budget. In response, the state oil company SOCAR is making significant international investments in Italy and Israel to secure new revenue streams, while the government is planning for a 2026 budget that relies on increased tax collection, potentially by ending a major tax break for private sector workers.
Sep 213 min read


Azerbaijan expands geography of gas exports to Europe - Aliyev
Aliyev: Azerbaijan expands gas exports to 10 European countries. His meeting with EU Commissioner Kos also covered energy security, transport cooperation, and peace efforts with Armenia.
Sep 182 min read


Azerbaijan and UAE to Launch Two Container Ships on the Caspian Sea
Azerbaijan and the UAE have agreed to build two container ships for cargo transshipment on the Caspian Sea.
Sep 171 min read


Cyprus in the top three for investments in Azerbaijan
Cyprus is a top 3 foreign investor in Azerbaijan ($353M) despite no diplomatic ties. Funds likely from Azerbaijani-owned offshore companies.
Sep 171 min read


Terminal Investment Limited to become co-owner of SOCAR's terminal in Turkey
Terminal Investment Limited becomes a shareholder in the largest container port in the Aegean region. Investments in SOCAR Terminal will strengthen Turkey's position in the global supply chain, boosting capacity, digitalization, and efficiency.
Sep 161 min read


U.S. Trade Mission Arrives in Baku
A U.S. trade mission arrived in Baku to discuss the Middle Corridor, energy security, and the development of Azerbaijan-U.S. relations. Learn about key negotiations, strengthening trade ties, and projects including natural gas and renewable energy exports to Europe.
Sep 81 min read


SOCAR is not alarmed by EU sanctions against the STAR refinery
SOCAR's STAR refinery is not impacted by new EU sanctions on Russian oil. Learn why its focus on the Turkish market and Lukoil contracts protect it.
Sep 62 min read


SOCAR Sets Sights on an Italian Refinery
SOCAR targets a $3B Italian refinery, but the deal hinges on government conditions. The State Oil Company of Azerbaijan must guarantee long-term oil supplies and job security. Learn about the tender and key competitors.
Sep 51 min read


Economic Pressures Mount in Azerbaijan as Beef Prices Soar and Problem Loans Increase
Economic pressures in Azerbaijan are mounting due to soaring beef prices, rising non-performing loans, and a shrinking workforce. This article analyzes the internal situation, including banking sector strain and declining living standards, alongside an overview of foreign policy with Russia and Armenia. It also covers human rights issues and the cases of prominent activists and opposition figures like Hacı Vəliyev, Elvin Mustafayev, and Əli Kərimli.
Sep 43 min read


The European Union (EU) has imposed sanctions on the Azerbaijani oil refinery STAR, located in Turkey
The EU has sanctioned the Azerbaijani STAR refinery in Turkey for processing Russian oil, a move aimed at cutting Russia's war funding.
Sep 42 min read
bottom of page