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Azerbaijani parliament to approve revised agreement on Absheron offshore block

06 November 2026 17:12 (UTC +04:00)

The Azerbaijani parliament will approve the revised version of the agreement on the Absheron offshore block, APA reports.

This is reflected in the draft law "On the Adoption and Approval of the Amended and Restated Agreement on the Exploration, Development and Production Sharing of the Absheron Offshore Block in the Azerbaijani Sector of the Caspian Sea between the State Oil Company of the Republic of Azerbaijan and TotalEnergies EP Absheron B.V., SOCAR Absheron and ADNOC International ProjectCo 1RSC Limited, and Authorization for Its Implementation," which was submitted for discussion at today's meeting of the Milli Majlis Committee on International Relations and Interparliamentary Relations.

Firuza Vahid

Azerbaijan Milli Majlis Absheron offshore block Caspian Sea production sharing agreement SOCAR TotalEnergies ADNOC oil and gas energy sector parliamentary approval