AGP Executive Report
Last update: 6 hours agoFinancial Stability: Azerbaijan’s $15.4 billion reserve cushion supports the government’s plan to keep the manat at 1.70 to the dollar through 2030. Energy: The country produced up to 20 million tonnes of oil and exported more than 18 billion cubic metres of gas in the first nine months of 2026. A $2.6 billion expansion plan targets 8 GW of green power, while wind generation has surged more than 27-fold. Turkey’s new deal to receive Russian diesel highlights shifting regional supply routes; Ankara also relies on Azerbaijani energy. Mining: Anglo Asian Mining reported record nine-month copper output of 14,354 tonnes, with silver production up 40%. Caspian Trade: Baku Shipyard will build two dry-cargo ships for Kazakhstan as the two countries advance a digital gateway to Europe, boosting regional logistics links.
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