Azerbaijan, Russia Oil and Gas

Georgia refuses to buy gas from Gazprom

Georgia will refuse to purchase natural gas from the Russian concern Gazprom.

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SOCAR is interested in obtaining licenses for geological exploration in the Russian sector of the Caspian Sea

SOCAR is interested in obtaining licenses for geological exploration in the Russian sector of the Caspian Sea, head of the Russian division of the company Farid Jafarov told reporters.

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SOCAR and Gazprom negotiate on increase of gas supplies to Azerbaijan

SOCAR and Gazprom negotiate on increase of gas supplies to Azerbaijan in the amount of 3-5 billion cubic meters per year.

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Via which pipelines will Kashagan’s oil go?

Kazakhstan increases its oil production at the giant Kashagan field on the Caspian shelf.

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In Q1, SOCAR increased oil shipment from port of Novorossiysk 5 times

In the first quarter of 2017, SOCAR shipped 404.413 thousand tons of oil, exported via the Baku-Novorossiysk pipeline, from the Novorossiysk port, the company reports.

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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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In January-February, SOCAR increased oil shipment from Novorossiysk 619 times

In January-February 2017, SOCAR shipped 159.777 thousand tons of oil, exported via the Baku-Novorossiysk pipeline, from the port of Novorossiysk, the company reports.

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Gas imports to Turkey fall by 4.5% against the background of the decline in supplies from Russia

In 2016, gas import to Turkey fell by almost 4.5% (more than 2.2 billion cubic meters) compared to 2015 and amounted to 46.16 billion cubic meters.

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In January, SOCAR increased oil shipment in Novorossiysk 310 times

In January 2017, SOCAR shipped 79.935 thousand tons of oil, exported via the Baku-Novorossiysk pipeline, from the port of Novorossiysk, the company reports.

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In 2017, Azerbaijan to reduce oil production

The OPEC expects that in 2017 the oil supplies from countries that are not members of the organization will make up 56.5 million barrels per day, which is by 0.53% higher than in 2016, at the same

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