BAKU — A new collaborative project between Russia and Azerbaijan in the Caspian shelf is currently under consideration, announced Deputy Prime Minister of the Russian Federation Alexander Novak. This announcement marks a potentially significant expansion in energy cooperation between the two countries.

According to Azeri-Press News Agency, the proposed joint project aims to leverage the substantial resources of the Caspian Sea, enhancing the energy partnership between Azerbaijan and Russia. Details of the project are still being formulated, reflecting the ongoing commitment of both nations to explore new avenues for cooperation.