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Last November , w hen Azerbaijan hosted COP29 , the United Nations annual climate summit , i t was a sort of coming-out party for the country. Azerbaijan built its economy on its abundant fossil fuels. Masdar Over the past decade, though, Azerbaijan has tried to green up its energy sector.
million loan to help Kazakhstan modernize its transport system. Improved transport connectivity will help increase trade links between Kazakhstan and the markets in East Asia, the Caspian Sea region, and further to Europe. The Asian Development Bank (ADB) has approved a $240.3-million
EIA projects that world oil consumption will grow by 1.5 This growth is the result of an expected recovery in the global economy, with world gross domestic product (GDP, on an oil-weighted basis) assumed to rise by more than 3 percent per year. US crude oil production averaged 5.32 million barrels per day (bbl/d) in 2010 and 1.6
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