Azerbaijan, Oil and Gas

The Ukraine plans to increase Azeri oil supply

Ukrtransnafta PJSC (operator of the oil transportation system of the Ukraine) in future plans to increase the volumes of Azeri Light oil shipment to the Kremenchug oil refinery plant up to 1.9 mln

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The Ukraine plans to increase the supply of the Azerbaijani oil.

In the future PJSC Ukrtransnafta (operator of the oil transportation system of the Ukraine) planned to increase the volumes of Azeri Light oil deliveries to the Kremenchug refinery up to 1.9 millio

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Russia may use Azerbaijani security system for Power of Siberia

Russia will consider the use of the Azerbaijani system of the energy resources transportation security Robust Noise Monitoring of the National Academy of Sciences’ Institute of Control System

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Azerbaijan reduced oil export by 4% in January 2017

In January 2017 Azerbaijan exported 2 mln 813.7 thousand tons of oil, by 4.2% lower than in January 2016.

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Azerbaijan increased gas export by 6% in January 2017

In January 2017 Azerbaijan exported 882.4 mln cubic m of gas, by 6% higher than in January 2016.

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In January-February, oil production in Azerbaijan fell by 7.4%, gas – by 3%

In January-February 2017, the oil production in Azerbaijan amounted to 6 353.4 thousand tons of oil, which is by 7.4% less than in the same period last year, the country’s State Statistics Co

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SOCAR choses the UNIPOL technology for polyethylene production.

SOCAR GPC, the subsidiary of SOCAR, has chosen the UNIPOL PE Process technology from Univation Technologies for polyethylene production at the new gas-chemical complex (GPC) in Garadagh, Interfax r

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SOCAR starts drilling of new well at Oil Rocks

The state-owned oil company of Azerbaijan SOCAR has started drilling of a new well at the Oil Rocks deposit, the company's website informs.

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In January-February 2017 the Azerbaijani SOCAR significantly reduces oil production.

Within 2 months in 2017 SOCAR had reduced oil production by 2.5%, extracting 1 million 221.3 thousand tons of oil, the press service of the company announced on March 14, 2017.

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In January-February, within agreement with the OPEC, Azerbaijan reduced oil production by 7.3%

In January-February 2017, the oil production in Azerbaijan decreased by 7.3% compared to the same period last year, the State Statistics Committee reports.

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