TBILISI, October 19 – Georgia’s Finance Minister Lasha Khutsishvili told an international gathering of finance officials on Sunday that the country has managed to sustain solid economic growth despite global geopolitical turbulence, positioning itself as a reliable bridge between East and West. Speaking at a joint meeting of finance ministers and central bank governors from … Read more
TBILISI, October 17 – Explosions were heard overnight in the Russian resort city of Sochi, where local authorities said air defenses shot down incoming missiles and drones. Sochi’s mayor, Andrey Proshunin, said all emergency services had been placed on high alert and were working under the coordination of the city’s operational headquarters. He later confirmed … Read more
TBILISI, October 16 – Azerbaijan has exported 17.1 billion cubic meters of natural gas through the Baku-Tbilisi-Erzurum pipeline (also known as the South Caucasus Pipeline) between January and September 2024, according to data released by the country’s State Statistics Committee on Thursday. The volume represents a 1.98 percent increase compared with the same period last … Read more
TBILISI, October 15 – Azerbaijan and Kazakhstan are in talks to increase the annual volume of Kazakh oil transported through the Baku-Tbilisi-Ceyhan (BTC) pipeline to 7 million tons by 2027, according to Azerbaijani Energy Minister Parviz Shahbazov, as reported by Reuters on Tuesday. Shahbazov said that since 2023, around 3.4 million tons of Kazakh oil … Read more
TBILISI, October 8 – Turkey is pouring USD 1.6 billion into modernizing and electrifying its key east–west railway link from Divrigi to Kars and the Georgian border, but experts warn Georgia’s outdated infrastructure could limit the benefits of the project once it reaches the frontier. Transport researcher Davit Gochava told BPN that the new Turkish … Read more
TBILISI, October 8 – Russia has begun mass deportations of foreign truck drivers, including those from Central Asia, in what experts warn could soon affect Georgian haulers crossing the same border. According to the Transport Corridor Research Center (TCRC), Russian authorities are detaining foreign drivers at roadside parking lots and deporting them if they overstay … Read more
TBILISI, October 7 – A pest that first appeared in Abkhazia about eight years ago has now become a permanent local species, Abkhaz authorities say, but its threat to harvests has faded, officials add. Vladimir Geria, head of the Plant Protection Service at Abkhazia’s de facto Ministry of Agriculture, told Apsnipress that the insect known … Read more
TBILISI, October 6 – A new push to link major rail corridors across the South Caucasus and Turkey could soon give the region a powerful boost as a trade bridge between Asia and Europe. Azerbaijan Railways chairman Rovshan Rustamov said that the Baku–Tbilisi–Kars (BTK) railway and the planned Zangezur Corridor will together form a “unified … Read more
TBILISI, October 3 – Azerbaijan’s state oil company SOCAR is expanding its fuel terminal on Georgia’s Black Sea coast, a move that will strengthen the energy link from the Caspian to Europe. SOCAR’s Kulevi terminal, which has operated since 2008, has submitted environmental documents to Georgian authorities for the addition of four new cylindrical steel … Read more
TBILISI, October 3 – Kazakhstan and Azerbaijan have agreed to boost oil shipments along the Aktau–Baku–Ceyhan route, raising export volumes to 1.7 million tons in 2025. The move will strengthen ties between Baku and Astana and forms part of a bigger geopolitical picture of Caspian energy bypassing Russia, finding its way to a Europe hungry … Read more