Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Azerbaijan says energy cooperation with Ukraine won't be derailed by Russian strikes
    Headlines

    Azerbaijan says energy cooperation with Ukraine won't be derailed by Russian strikes

    Published by Global Banking and Finance Review

    Posted on August 10, 2025

    2 min read

    Last updated: January 22, 2026

    Image depicting the founders of The Entertainer, Gary and Catherine Grant, announcing the transition of their toy retailer to employee ownership, emphasizing the significance of this move in the finance sector.
    Founders of The Entertainer toy chain hand over control to workers - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:oil and gas

    Quick Summary

    Azerbaijan and Ukraine pledge to maintain energy cooperation despite Russian attacks on Azerbaijani facilities in Ukraine.

    Table of Contents

    • Azerbaijan-Ukraine Energy Cooperation
    • Recent Russian Strikes
    • Future Energy Plans

    Azerbaijan and Ukraine Commit to Energy Cooperation Despite Russian Attacks

    Azerbaijan-Ukraine Energy Cooperation

    MOSCOW (Reuters) -Azerbaijan's president on Sunday condemned Russian air strikes on Azerbaijani oil and gas facilities in Ukraine but said energy cooperation between the two countries would continue.

    Azerbaijani President Ilham Aliyev spoke with his Ukrainian counterpart Volodymyr Zelenskiy by phone.

    "During the conversation, both sides condemned the deliberate airstrikes by Russia on an oil storage facility owned by Azerbaijan's SOCAR in Ukraine, as well as other Azerbaijani facilities and a gas compressor station transporting Azerbaijani gas to Ukraine," Aliyev's press service said in a statement.

    Recent Russian Strikes

    "They emphasized their confidence that these attacks would not hinder energy cooperation between Azerbaijan and Ukraine."

    Earlier this week, Russia struck an oil depot owned by SOCAR and a gas pumping station used to import liquefied natural gas from the U.S. and Azerbaijan in Ukraine's southern Odesa region, according to sources and Ukrainian officials.

    Future Energy Plans

    In July, Ukraine pumped a test volume of Azerbaijani gas through the Transbalkan route for the first time and announced plans to significantly increase gas imports from Azerbaijan.

    Ukraine's infrastructure and energy facilities are frequently targeted by Russian forces, which have stepped up their drone and missile attacks on Ukrainian cities and towns in recent months.

    (Reporting by ReutersEditing by Christina Fincher)

    Key Takeaways

    • •Azerbaijan and Ukraine remain committed to energy cooperation.
    • •Russian strikes targeted Azerbaijani facilities in Ukraine.
    • •Azerbaijan's SOCAR oil depot was hit in Odesa.
    • •Ukraine plans to increase gas imports from Azerbaijan.
    • •Energy infrastructure in Ukraine is under frequent attack.

    Frequently Asked Questions about Azerbaijan says energy cooperation with Ukraine won't be derailed by Russian strikes

    1What are oil and gas facilities?

    Oil and gas facilities are industrial sites where oil and natural gas are extracted, processed, stored, and transported. These facilities include refineries, drilling sites, and storage tanks.

    2What is the Transbalkan route?

    The Transbalkan route is a natural gas pipeline route that facilitates the transportation of gas from Azerbaijan through Turkey and into Europe, enhancing energy supply security.

    More from Headlines

    Explore more articles in the Headlines category

    Image for US software stocks hit by Anthropic wake-up call on AI disruption
    US software stocks hit by Anthropic wake-up call on AI disruption
    Image for US proposes critical minerals trade bloc aimed at countering China
    US proposes critical minerals trade bloc aimed at countering China
    Image for Russian comedian jailed for nearly six years over war veteran joke
    Russian comedian jailed for nearly six years over war veteran joke
    Image for EU envoys agree details of 90 billion euro loan for Ukraine
    EU envoys agree details of 90 billion euro loan for Ukraine
    Image for Germany seeks broader spy powers to counter rising hybrid threats
    Germany seeks broader spy powers to counter rising hybrid threats
    Image for Hungary's Orban orders tax lawsuit dropped, mayor says it's an attack on rule of law
    Hungary's Orban orders tax lawsuit dropped, mayor says it's an attack on rule of law
    Image for Forint seen falling from 2-year high as CEE currencies stay near peaks: Reuters poll
    Forint seen falling from 2-year high as CEE currencies stay near peaks: Reuters poll
    Image for EU lawmakers decide to resume work on enacting U.S. trade deal
    EU lawmakers decide to resume work on enacting U.S. trade deal
    Image for Russian comedian jailed nearly six years over war veteran joke
    Russian comedian jailed nearly six years over war veteran joke
    Image for Tesla UK sales plunge in January as Chinese rivals race ahead, New Automotive data shows
    Tesla UK sales plunge in January as Chinese rivals race ahead, New Automotive data shows
    Image for Olympics-Italy foiled Russia-linked cyberattacks on embassies, Olympic sites, minister says
    Olympics-Italy foiled Russia-linked cyberattacks on embassies, Olympic sites, minister says
    Image for Russia says uranium proposal for Iran is still on the table
    Russia says uranium proposal for Iran is still on the table
    View All Headlines Posts
    Previous Headlines PostVance says Ukraine peace deal unlikely to satisfy either side
    Next Headlines PostNetanyahu says Gaza City push aims to end war quickly