Azerbaijan

In January-October, export of Azerbaijani gas from Shah-Deniz field grew by 11%

In January-October 2018, export of Azerbaijani gas from the Shah-Deniz field amounted to 6 624.4 million cubic meters, which is by 10.8% more than in the same period of the previous year, the State

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In January-October, Azerbaijan reduced production of gold by 30.3%, increased production of gas by 5.6% and oil – by 0.1%

In January-October 2018, gold production in Azerbaijan amounted to 3 558.8 kg, which is by 30.3% less than in the same period last year, the State Statistics Committee reported to the Interfax-Azer

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In January-October, Azerbaijan exported oil for $13 mln, gas for $1.2 bln, petroleum products for $460 mln

In January-October 2018, export of declared oil from Azerbaijan amounted to 24 195.372 thousand tons, the State Customs Committee reports.

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British Expo opens base in Azerbaijan to fulfill contract with BP

British oilfield service company Expro has commissioned a base in Azerbaijan, the company reports.

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President Aliyev approves PSA type contract between SOCAR and BP on exploration and development of D230 block in the Caspian Sea

The Azerbaijani President Ilham Aliyev has approved an agreement on geological exploration, development and equity distribution of production (PSA) for the promising block D230 in Northern Absheron

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Investments into Southern Gas Corridor exceed $30 billion

As of the beginning of October this year the volume of investments in the implementation of a large-scale project focused on the construction of the Southern Gas Corridor (SGC) reached $ 31.8 billi

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European Commission approves state support for project of Azerbaijani gas transit to Bulgaria

The European Commission has approved plans of the Governments of Bulgaria and Greece to support the construction of the Greece – Bulgaria interconnector (IGB).

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Azerbaijan to save about 400 million cubic meters of gas annually due to development of alternative energy sources - Ministry of Energy

Electricity production in Azerbaijan in the medium term through the use of alternative energy sources could reach 1.6 billion kW/h per year, the head of the Ministry of Energy’s office, Zaur

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In the first 3 quarters, Azerbaijan increased output of oil products by 8.8%

In the first nine months, Azerbaijan produced 3.7 million tons of petroleum products, increased production by almost 9%, the mass media reports.

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Azerbaijan to cover about 30% of Bulgaria’s gas needs

Azerbaijani gas will cover about 30% of Bulgaria's needs, the Bulgarian Energy Minister Temenuzhka Petkova states.

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