Azerbaijan Signs 10 Billion Dollar Energy Deals
Azerbaijan signed agreements worth over ten billion dollars at a forum in Baku. State oil company SOCAR partnered with TotalEnergies and XRG to develop the Absheron gas field.
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Azerbaijan secured over $10 billion in potential investment agreements during a forum in Baku on Saturday morning. The deals center on expanding offshore gas production and developing unconventional hydrocarbon resources. The new capital inflows build on existing energy frameworks as European buyers seek alternative supply sources.
