Azerbaijan Oil and Gas

Lukoil wants to receive 20% in Absheron project in Azerbaijan

Lukoil wants to buy 20% in the Absheron gas project, head of the company Vagit Alekperov told reporters.

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Pashinyan announces interest of Russia, Georgia and Turkmenistan in transit of Iranian gas through Armenia

Russia, Georgia and Turkmenistan are interested in implementing a project on the transit of the Iranian gas through Armenia, the head of the Armenian government Nikol Pashinyan said  n Tuesday

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Azerbaijan and Algeria intend to develop cooperation on hydrocarbon projects, petrochemistry and trade of LNG

Baku and Algeria plan to sign a memorandum on cooperation in the oil and gas sector, the Azerbaijani Energy Ministry said.

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Venezuela intends to develop cooperation with Azerbaijan in oil sector and considers possibility to export oil to Russia and China

Venezuela is studying possibility of developing bilateral cooperation with Azerbaijan in the oil sector, the Energy Ministry of Azerbaijan said.

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In Q2, transit of Azerbaijani oil through Russia to exceed 300 thousand tons

Export schedule for the second quarter of 2019 assumes transit of Turkmen oil in the amount of 590 thousand tons compared to 265 thousand tons in the first quarter, a source familiar with the sched

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In January-February, petrol production in Azerbaijan fell by 4.6%, diesel fuel – grew by 3.4%

In January-February 2019, the production of petroleum products in Azerbaijan increased by 0.2% compared to the same period of the previous year to 461.136 million manats, the Interfax - Azerbaijan

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Equinor attracts CDC as drilling contractor to Karabakh field

Azerbaijani-American company Caspian Drilling Company (CDC) has become a contractor of Norwegian company Equinor for drilling operations.

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SOCAR to extend cooperation with Afghanistan in field of petroleum products trade

SOCAR and Afghanistan intend to develop cooperation in the field of trade in petroleum products at the state level, SOCAR informed.

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In 2019, supplies of Azerbaijani gas to Turkey via TANAP to grow 4 times

The Shah Deniz consortium will supply 4 billion cubic meters of gas to Turkey via the Trans-Anatolian gas pipeline (TANAP) in 2019, general director of the consortium Saltuk Duzyol informed.

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In March, SOCAR stopped export of oil via Baku-Novorossiysk because of planned repair on pipeline

In March, SOCAR temporarily stopped export of oil through the Baku-Novorossiysk pipeline, official representative of the company for public relations Ibrahim Akhmedov reported to the Interfax-Azerb

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