Azerbaijan May Resume Gas Purchases from Gazprom (axar.az)
Azerbaijan intends to resume gas imports from Russia's Gazprom, which could impact domestic supply dynamics and export availability (axar.az).
Renewable energy
Uzbekistan to Build Two More Nuclear Power Plants (axar.az)
Uzbekistan plans to expand its atomic energy capacity by constructing two additional nuclear power plants, reflecting regional growth in alternative energy sources (axar.az).
Market signals
State Oil Fund of Azerbaijan (SOFAZ) reported a net profit of approximately $4.6 billion from the sale of state-share hydrocarbons up to October 15, 2026 (axar.az).
Global energy markets face diesel pricing pressures, prompting the US administration to consider easing restrictions on shadow fleet tankers linked to Russia and Iran ahead of midterms (axar.az).
Azerbaijan exported 5,484 tons of AI-92 gasoline valued at $4.45 million from Iraq during January-August (axar.az).
Risks to watch
Geopolitical strikes on energy infrastructure continue, including recent drone attacks on an industrial facility in Surgut and the Ryazan oil refinery in Russia (axar.az, axar.az).
High inflation forecasts remain a domestic economic concern, projected at 6.1% by the end of 2026 and 5.8% by 2027 (axar.az).
Actionable insights
Review domestic gas balancing models in anticipation of potential gas purchases from Gazprom (axar.az).
Monitor the ongoing impact of strikes on international oil refining and transport infrastructure on regional pricing (axar.az, axar.az, axar.az).
Assess the updated macroeconomic inflation projections for 2026-2027 when finalizing operational budgets (axar.az).
Track the progress of regional nuclear and green energy developments for potential partnership or supply chain opportunities (axar.az).
