
Georgia’s energy sector is leaking money — into Russian coffers
Strategic energy projects remain stalled or abandoned with millions instead going to pay arbitration disputes led by Russia and Turkey.

Strategic energy projects remain stalled or abandoned with millions instead going to pay arbitration disputes led by Russia and Turkey.

Abkhazian authorities promise they won’t allow a collapse of the energy grid this winter. But can they deliver?

Armenia’s Public Services Regulatory Commission discussed the decision for three days.

Neither side has specified a timeframe for the implementation of projects.

Azerbaijani President Ilham Aliyev also plans to send $2 million to assist Ukraine’s energy sector.

Azerbaijani President Ilham Aliyev previously promised Azerbaijan would invest $2 billion into Pakistani initiatives.

As Nagorno-Karabakh continues to experience gas and electricity cuts in its fifth month under blockade, the region’s largest water reservoir faces depletion, threatening to leave the region without the hydroelectric power it depends on. Government officials on Saturday announced that the water volume of the Sarsang reservoir in northern Nagorno-Karabakh was at its lowest in 30 years. The reservoir’s water level has fallen by 25 metres since it became the main source of electricity for over