Azerbaijan

In 2019, Azerbaijan exported over 1.1 billion kW of electricity to Georgia

In 2019, electricity production in Georgia amounted to 11 864.7 million kWh, which is by 2.3% less than in 2018, as it follows from a report of the Commercial operator of the Georgian electric powe

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Latvia to help Belarus with oil

Latvia can provide oil supplies to Belarus via the Polotsk-Ventspils oil pipeline, which has a capacity of 8 million tons.

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SOCAR: We are technically unable to supply oil to Belarus

We can technically supply both Azerbaijani oil and oil from other countries to parties wishing to buy it.

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President of Azerbaijan: Production of the first gas from Absheron field in the Caspian Sea may begin at the turn of 2020-2021

Production of the first gas from the Absheron field in the Azerbaijani sector of the Caspian Sea may begin at the turn of 2020-2021, the Azerbaijani President Ilham Aliyev said.

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SOCAR and BP start drilling of the first exploration well at Shafag-Asiman structure in the Azerbaijani sector of the Caspian Sea

SOCAR and BP started drilling of the first exploration well (SAX01) at the prospective Shafag-Asiman structure in the Azerbaijani sector of the Caspian Sea on January 13, SOCAR reported.

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In 2019, Azerbaijan reduced revenue from oil export by 5.8%, increased the revenue from gas supplies by 57.8%

In 2019, export of declared oil from Azerbaijan amounted to 30 837.085 thousand tons, the State Customs Committee told the Interfax-Azerbaijan.

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Azerbaijan increased electricity exports by 26.7% in 2019

In 2019, Azerbaijan exported 1 770 642.37 thousand kWh of electricity, the State Customs Committee told the Interfax-Azerbaijan.

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Plans for project of Azerbaijani gas transit to Bulgaria become known

Greek company AVAX SA, which is a contactor for design, procurement and construction of the Greece-Bulgaria Interconnector (IGB), which provides for the transportation of Azerbaijani gas to Bulgari

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Aliyev: Azerbaijan plans to attract 7 companies to build new facilities in the field of renewable energy sources

Azerbaijan intends to attract seven companies that previously participated in the relevant competition of the Energy Ministry to implement projects in the field of renewable energy sources, Preside

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In 2019, average daily oil production at Azeri-Chirag-Gunashli block decreased by 8.4

In 2019, average daily volume of oil production at the Azeri-Chirag-Gunashli block of fields made up 535 thousand barrels, BP-Azerbaijan reported.

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