There are enormous ramifications. There is a real chance no effective or, at best, a weak government could emerge. Though Azerbaijan got back most of its occupied territories, the formal delimitation of the border with Armenia would take a solid government in Yerevan with a mandate to do so. It might be impossible to put a finality to the 30-year war or open trade routes in the absence of one

The plant's construction, originally planned to start the end of last year, was delayed after BP decided to withdraw from the petrochemical business globally, pulling out of the project.

KazTransGas operates both domestic pipelines shipping natural gas across Kazakhstan as well as export routes, which link Kazakh, Uzbek, and Turkmen gas fields to consumers in China and Russia.

The IMF agreed a $5 billion standby arrangement with Kyiv a year ago and quickly disbursed $2.1 billion, but subsequent tranches have been withheld.

It was clear during the six-week onslaught by Baku last year that Moscow was no longer unilaterally calling the shots. And it demonstrated how NATO member Ankara’s 25-year effort to help Azerbaijan build its army from the ground up effectively was successful.

Azerbaijan's OPEC+ obligations and declining oil resources have seen gas production, boosted by access to European markets.

The quantity of oil shipped through Georgia to Turkey declined to 11.125 million tonnes from January to May this year.

Uzbekistan's Energy Ministry said it developed a three-stage plan for the country’s transition to a more open market.