Last year, SOCAR said it planned to transport 1.209 million tonnes of oil via Russia in 2022.

The country has been actively recruiting foreign companies to build wind, solar and hydropower plants on the basis of public-private partnerships and has signed agreements to implement several large power projects.

Kazakhstan has increased oil production by 7.6 percent year-on-year to 22.7 tonnes, while natural gas production rose by 8.2 percent to 15 bcm in the first quarter of this year.

The Central Asian country's government has projected its gross domestic product (GDP) growth at 3.9 percent in 2022.

Development of the Azeri-Chirag-Guneshli (ACG) oilfield and the Shah Deniz gas field are the main energy projects in Azerbaijan.