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flag Azerbaijan's oil output dipped in February 2026, but it remains a key European energy supplier via the Southern Gas Corridor, with growing EU-Azerbaijan cooperation on energy and transport.

flag Azerbaijan’s oil output averaged 458,000 barrels per day in February 2026, slightly down from January and below its OPEC+ quota of 551,000 barrels. flag The country remains a key energy supplier to Europe via the Southern Gas Corridor, with gas exports reaching 12.5–12.8 billion cubic meters in 2025, accounting for about 4% of EU imports. flag The EU and Azerbaijan aim to boost gas supplies to 20 billion cubic meters annually by 2027. flag President António Costa’s visit to Baku on March 11 highlights growing cooperation on energy, renewables, green hydrogen, and transport through the Middle Corridor.

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