Azerbaijan Oil and Gas

Azerbaijan discusses possibility of Total participation in development of Umid-Babek block in the Caspian Sea

On Thursday in Paris, President of Azerbaijan Ilham Aliyev discussed with chairman and chief executive officer of Total Patrick Pouyanné development of fields in the Azerbaijan sector of the

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SOCAR Polymer invests nearly 820 million US dollars into the construction of PP and PE plants.

The total investment of SOCAR Polymer (Azerbaijan) into the construction projects of polypropylene and polyethylene plants in Sumgayit would be 816 million US dollars, the

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In H1, polyethylene production in Azerbaijan grew by 19.2%

In the first six months, production of propylene increased by 19.2% in Azerbaijan, the Interfax-Azerbaijan reports.

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TAP gas pipeline will become a new source of gas for Italy and support measures for decarbonization - the head of the Ministry of Energy of Azerbaijan

The Trans-Adriatic gas pipeline (TAP) will become a new source of gas for Italy, whose costs for the import of "blue" fuel exceed the costs of other EU countries, Energy Minister of Azerb

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Baku is ready to discuss supply of Turkmen gas to Europe with Ashgabat

Baku is ready to discuss issue of Turkmen gas supplies to Europe with Ashgabat, the Azerbaijani Energy Minister Parviz Shahbazov said.

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Plant within SOCAR Polymer project to be launched in Azerbaijan

Official opening ceremony of a plant within the SOCAR Polymer project will take place on July 18. Its production capacity is 180 thousand tons per year.

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Oil transportation via BTC in increased slightly in H1 2018

The volume of oil pumping through the Baku-Tbilisi-Ceyhan (BTC) pipeline in the first half of 2018 amounted to 16 million 552 thousand tons, which is 0.4% higher than the same period of 2017, Inter

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In H1, petrol production in Azerbaijan slightly fell

In the first six months of 2018, production of oil products in Azerbaijan increased by 2.8% to 1 664.4 million manats compared to the same period of the previous year, the State Statistics Committe

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In H1, export of Azerbaijani gas from the Shah-Deniz field fell by 4%

In the first six months of 2018, export of Azerbaijani gas within the Stage-1 of the Shah-Deniz field development amounted to 3 654.3 million cubic meters, which is by 3.9% less than in the same pe

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Oil production in Azerbaijan grows by 1% to 19 341 thousand tons

In January-June, oil production in Azerbaijan amounted to 19 341.2 thousand tons, which is by 1% more than in the first six months of 2017. This was reported by the State Statistics Committee.

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