SOCAR said in April that BP-led consortiums would suspend West Azeri, Chirag and Shah Deniz oil and gas platforms for maintenance works in 2021.

ACG is the largest oil field block in Azerbaijan developed by a BP-led international consortium. The first production sharing agreement for developing the block was signed on September 20, 1994.

It’s expected that HC Trading, a member of Heidelberg Cement Group, will deliver coal in two shiploads ­– the first in December 2021, the second in January next year.

The country reduced oil exports by 9.5 percent year-on-year to 18.771 million tonnes and increased exports of natural gas by 56.4 percent to 13.242 billion cubic metres (bcm) in the period from January to August.

Whether Gazprom will secure the necessary German and EU authorisations to proceed with the pipeline is not yet certain.

The volume of attracted foreign direct investment for the implementation of the project is estimated at $140 million.