Azerbaijan is amplifying its energy strategy by enhancing its role in Israel's sector, particularly following a high-level delegation meeting. The Azerbaijan State Oil Company (SOCAR) has secured exploration rights and is now engaged in gas exploration off Israel's coast, despite setbacks due to regional conflict. SOCAR recently received exploratory licenses for a specific maritime area and also entered into a partnership with Union Energy for joint exploration activities. Additionally, SOCAR has acquired a stake in the major Tamar offshore gas field, signifying a strong commitment to expanding its influence in the Mediterranean energy landscape.
Azerbaijan is set to increase its involvement in Israel's energy sector, following a visit by Azerbaijani officials to Jerusalem.
SOCAR will search for gas in Zone I, a 1,700 square kilometre area in the north of Israel's economic waters.
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