Armenia
Armenia’s regulator moves to strip Karapetyan’s firm of power grid licence
Armenia’s Public Services Regulatory Commission discussed the decision for three days.
energy
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Azerbaijan
Azerbaijan and Uganda to cooperate in mineral production and infrastructure development
Neither side has specified a timeframe for the implementation of projects.
Azerbaijan
Baku to reportedly ‘lift arms embargo’ on Ukraine after Russian attack on Azerbaijani gas facility
Azerbaijani President Ilham Aliyev also plans to send $2 million to assist Ukraine’s energy sector.
Azerbaijan
Azerbaijan and Pakistan talk trade, energy, and joint defence production
Azerbaijani President Ilham Aliyev previously promised Azerbaijan would invest $2 billion into Pakistani initiatives.
Armenia
Energy crisis looms in Nagorno-Karabakh as reservoir levels fall
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
Abkhazia
Electricity prices to double in Abkhazia as rolling blackouts return
The price of electricity in Abkhazia is to almost double for the second time in less than a year, representing a 225% increase on the previous year. As a deal with Russia expires, it remains unclear how Abkhazia will meet its energy needs in the year ahead. From 1 January, the price per kilowatt hour of electricity will rise from ₽0.70 ($0.01) to ₽1.30 ($0.02). The price previously rose from ₽0.40 per kilowatt hour in July. The announcement came as Abkhazia is set to once again reintroduce
Abkhazia
Rolling blackouts re-introduced in Abkhazia
Abkhazia has reintroduced rolling blackouts, as the region struggles to address an energy shortfall. The power will be switched off for one-hour periods five times per day rotating through different regions of Abkhazia. While the schedule was announced on 9 November by the state power distribution firm, Chernomorenergo, blackouts began to occur on 1 November after an emergency shutdown of the Achguara High-Voltage Line. The Achguara Line connects the Enguri (Ingur) hydropower plant, which
