Azerbaijan

In January-September, Azerbaijan reduced oil export by 8.6%

In January-September 2017, Azerbaijan exported 24 379 thousand tons of oil, which is by 8.6% less than in the same period last year, the country’s Government reports.

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In January-September, Azerbaijan increased gas export by 8%

In January-September 2017, Azerbaijan exported 6 230.1 million cubic meters of natural gas, which is by 7.7% more than in the same period last year, the Government reports.

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In January-October, oil production in Azerbaijan fell by 7%, gas – by 4%

In January-October 2017, oil production in Azerbaijan amounted to 32 240.6 thousand tons of oil, which is by 7.1% less than in the same period last year, the State Statistics Committee reports.

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In January-October, petrol production in Azerbaijan grew by 5%

In January-October 2017, output of oil products in Azerbaijan decreased by 10.2% compared to the same period in 2016 to 2 billion 195.6 million manats, the State Statistics Committee reports.

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Azerbaijan and Brazil to hold political and economic consultations in 2018

Azerbaijan and Brazil have agreed on expanding their trade and economic cooperation, the Azerbaijani Foreign Minister Elmar Mammadyarov reports.

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Works on implementation of stage-2 of the Shah-Deniz field development are 97% completed

Works on the implementation of stage-2 of the Shah-Deniz field development have been 97% completed, regional president of BP for Azerbaijan, Georgia and Turkey Gary Jones told journalists on Wednes

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In January-October, Azneft produced over 5.1 mln tons of oil and 4.3 bln cubic meters of gas

In January-October 2017, production association Azneft (structure of SOCAR for oil and gas production) produced 5 135.9 thousand tons of oil and 4.34 billion cubic meters of gas, the association re

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BP hopes to sign contract with SOCAR on development of promising block D230 in the Caspian Sea by 2018

BP has counted to sign a contract with SOCAR to explore the promising block D230 at Northern Absheron in the Azerbaijani sector of the Caspian Sea by the end of 2017, regional president of BP for A

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In January-October, oil production in Azerbaijan fell by 7.2%, gas – by 2.6%

In January-October 2017, oil production in Azerbaijan decreased by 7.2% compared to the same period last year, the State Statistics Committee reports.

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In the first 9 months, Azerbaijan produced over 10 bln cubic meters of associated gas

In January-September 2017, the production of associated gas in Azerbaijan amounted to 10 392.8 million cubic meters, which is by 2.9% less than in the same period last year, the State Statistics Co

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