
Azerbaijan–EU Relations
EU’s Russia gas exit seen boosting BP-led projects in Azerbaijan
A draft regulation proposes to prohibit new Russian gas contracts from January 2026 and terminate long-term agreements by January 2028.

A draft regulation proposes to prohibit new Russian gas contracts from January 2026 and terminate long-term agreements by January 2028.

The report found that Kazakhstan and Azerbaijani crude formed 70% of Israel's imports.

The move comes after Western states increased their sanctions on Russian oil.

The meeting comes after the US announced new sanctions against two of Russia’s largest energy companies, Rosneft and Lukoil.

The refinery is believed to have begun operations earlier in October.

The Azeri-Chirag-Gunashli (ACG) block of fields is the largest oil deposit in Azerbaijan’s section of the Caspian Sea.

Iranian Ambassador to Russia Kazem Jalali said that almost all outstanding issues in the negotiation process had been resolved.