The Azerbaijan State News Agency

INT’L SCIENTIFIC SYMPOSIUM ON CASPIAN ENERGY RECOURSES HELD

The “Energy resources of the Caspian and interests of Europe” international scientific symposium was held in Berlin on 10-11 November. The Symposium, organized by the German Fredric Ebert Fund was supported y the German government, Center of Eastern European Studies of Europe (Germany) and Institute of internationals policy and policy of security of (Germany).

At the 2-day Symposium were held comprehensive discussions on the topics “The Caspian basin: geo-political factors of the interests of Europe”, “The Caspian basin: resources, their production and transportation”, “Bases of the interests of Europe”, “Interests of the Caspian littoral states”, “Interests of the states of region – Russia, Turkey, Iran”, “Interests of the US in the Caspian region”, “Interests of the European Union in the energy sector of the Caspian”, “Export of the energy carriers and prospects of the development of cooperation with countries of the Caspian region” and “The Caspian region – crossroads of numerous interests”, analyzed development of the Caspian region, development of hydrocarbon resources of the basin with the participation of foreign companies, inter-state commerce, issues of mutual cooperation and partnership in technical and ecological spheres, ways of secure transportation of oil and natural gas through the terminals to the world market.

Participants of the Symposium also answered the question: “Will the efficiency of the pipeline go down if Kazakhstan join the BTC MEP?” addressed to them who confirm that BTC MEP is an unpromising route, is expensive, and that there is no sufficient oil I n Azerbaijan for operation of the MEP in full capacity. Representatives of interests of the Caspian coastal states – staff member of Azerbaijan representation at the European Union Anar Jahangirli, representative of Georgia on realization of the BTC MEP in the territory of Georgia Georgiy Vasakmadze and representative of Kazakhstan Birgit Bawer unequivocally stated that the pipeline Kazakhstan-Baku-Tbilisi-Ceyhan would have two systems, that there has been already reached an agreement on its support by the companies, producing oil in Kazakhstan, and set up conditions for transportation of their oil via this pipeline. The cooperating sides came to a common decision that for support of the sides, transporting oil through this pipeline is necessary recognition by both sides of the concluded agreements and terms. Along the negotiations with the transit countries, investors, cargo suppliers, the international financial organizations in the process of choice of the MEP were agreed a series of questions, including political risks.

In respond to the question of Symposium participants, “Whether can the last scandals around the company UCOS of Khodorovsky negatively affect the oil transportation routes starting in Azerbaijan?” Anar Jahangirli stated that it has nothing with Azerbaijan, so that there are no private monopolies in Azerbaijan, oil belongs to the state and people. Participant of the Symposium, ambassador of Germany to Azerbaijan Mr. Clause Grewlich supported these words, underlining that the oil revenues are spent for the welfare of the country and people, and that he has no doubt that the BTC MEP would operate in full capacity.

Share news on social media

Follow us on social network

August 9 marks International Day of World's Indigenous Peoples

Makkah Joint Defence Agreement to enhance Pakistan’s strategic and diplomatic role, Gulf Observer Editor-in-Chief says

To His Excellency Mr. Tharman Shanmugaratnam, President of the Republic of Singapore

FIFA defends Infantino’s mandate amid growing divisions about his leadership

River Plate signs Thiago Almada from Atletico Madrid

Marco Rubio: United States remains fully committed to working with Armenia and Azerbaijan

President Ilham Aliyev sends a letter to U.S. President on the anniversary of the Washington Summit

To the President of the United States of America His Excellency Mr. Donald J. Trump

Steve Witkoff: The future of South Caucasus countries is bright

Top stories update

Release from the Press Service of the President

Historic Washington Summit: A chronological timeline

Spain to establish border controls on travellers from Italy amid migration dispute

Russia, Pakistan work to launch first rail cargo route — ambassador

Azerbaijan military attachés and representatives convene for annual meeting

Washington Agreements: Peace and strategic partnership change the rules of the game – ANALYSIS

What has the historic Washington meeting changed?

American expert: Azerbaijan is really becoming to play a much larger role across the broader region

Another shipment from Russia dispatched to Armenia via Azerbaijan

President Saratoga Foundation: The trajectory of relations between the U.S. and Azerbaijan over the past year has been remarkable

Release of the Press Service of the President

Space Academy of Azercosmos receives IAF Excellence in “3G+” Diversity Award 2026

Thawing Siberia could undercut 20 percent of methane targets by 2050, study warns

Washington Summit that established historical justice and peace in the South Caucasus

Türkiye says Greece's tourism framework carries no legal consequences for Ankara

Japan orders evacuations as Typhoon Dolphin approaches, cancels 500 flights

Iranian Minister of Sports and Youth visits Baku Aquatic Palace

Turkish president says Mecca Joint Defense Agreement targets no country, open to other friendly nations

“Khojaly Encyclopedia” presented - shedding light on history

Top stories update

Spanish police dismantle major Mediterranean migrant and drugs smuggling network

FAO Food Price Index edges higher in July on stronger crop prices

Bulgaria records EU’s largest increase in government R&D budget allocations per capita since 2015

® Birbank Biznes offers up to 5% discount on micro business loans

® Fitch has once again upgraded ABB Bank’s ratings!

Artificial Intelligence used to design brand new viruses

Low Danube water levels in Bulgaria expose Roman-era bridge

Azerbaijan, Iran approve Action Plan in youth and sports

Azerbaijan’s Milli Majlis, Inter-Parliamentary Speakers’ Conference explore cooperation

Admission plan for BEU-INHA DDP filled 100 percent

Beijing deploys 72 robot ‘employees’ across city parks amid high temperatures

® PASHA Holding successfully continues "Fərqindəlik" ("Awareness") project launched in 2025

China adds nearly 20 tons of gold to reserves in July

Azerbaijan Army servicemen participate in Proficiency Level Assessment Examinations

Europe's gas storage falls to lowest August level since 2011

Man Utd confirm Altay Bayindir exit as Celta Vigo loan deal includes permanent transfer clause

Azerbaijan sets up Organizing Committee for International Investment Forum to take place in Baku – ORDER

® Azercell launches an annual subscription for ZengimCELL service

Baku to host international badminton tournament

Meta fined $567m in largest child safety ruling against social media giant

Azerbaijani Economy minister highlights SOCAR Carbamide as important example of successful digital transformation

Azerbaijan’s State Oil Fund invests alongside I Squared Capital in Inkia, Peru's largest independent power producer

John van 't Schip to take helm of Kazakhstan’s national football team

European wildfires cause up to $22B in total damage

Türkiye, Saudi Arabia, Pakistan to sign trilateral defense agreement

Bad news for rice lovers: Climate change is cutting rice harvests

Top stories update

Azeri Light sells for $93.37

At least 7 dead in Thai school shooting

Oil prices rise on global markets

Protesters march in Buenos Aires against Argentina's private property bill

Azerbaijani FM meets with Ukrainian President

Vinicius Jr and Real Madrid agree new six-year deal

Jeyhun Bayramov informed Ukrainian President on post-conflict realities in the South Caucasus

Top stories update

Munich car-ramming attacker sentenced to life in prison

UK clears Paramount’s stalled $110B Warner Bros. Discovery takeover

Real Madrid sign Diomande from RB Leipzig

Number of Azerbaijani nationals working for bp disclosed

Azerbaijan, US explore global economy trends

Lebanon, Israel begin final day of 7th round of negotiations in Rome

Azerbaijan, FIDE explore enhancing cooperation

Trabzonspor sign Salah on blockbuster 2-year deal

Butterflies are rapidly changing where they live as climate changes

bp spent about $0.9 million on various social and sponsorship projects in Azerbaijan in first half of 2026

BEU graduate awarded prestigious Chevening scholarship

Processing of data acquired during survey for Garabagh field currently underway

24 wells drilled for Shahdeniz 2 project to date, bp says

Trump tells donors, ‘We need to elect JD,’ in 2028 presidential election: Report

Shah Deniz field produces around 14 billion standard cubic meters of gas and 2 million tons of condensate in first half of 2026

AFFA official appointed UEFA delegate for Europa League qualifier

During first half, SCP`s daily average export throughput was 63.7 million cubic metres of gas per day

Turkish media representatives visit Aghdam Industrial Park

® Order your Birbank Star card today and enjoy commission-free cash withdrawals                    

bp: Further evaluation of the Shafag-Asiman block is required

BTC pipeline transported more than in 4.7 billion barrels of oil to world markets since its commissioning

Azerbaijan's digital governance model receives two international awards in UK

Sangachal terminal exported around 97 million barrels of oil and condensate in six months

Construction activities for Shafag project expected to continue through mid-2027.

Three Tottenham exits close as Atletico Madrid into pole position to sign Romero after hijack

Azerbaijan received 2 billion cubic meters of associated gas from ACG in first half of year

Most-detailed-ever image of sun reveals roiling waves for first time

ACG completed drilling of seven oil producer and two gas injector wells in first six months

Installation of Trans-Caspian fiber-optic cable on seabed of Caspian Sea completed

FM Bayramov: We also would be happy to provide gas also to friendly Ukraine, in case of necessity

Hormuz disruption pushes LNG shipping costs to highest levels since 2022: Report

First 2026 issue of English-language IRS-Heritage magazine published

Microbiome-based therapy may increase peanut allergy tolerance in adults

Azeri-Chirag-Gunashli produced 59 million barrels during first half of 2026

Pakistan prioritizes stronger relations with Russia, Armenia, Azerbaijan — envoy