Azerbaijan

In January-September, oil pumping through Baku-Supsa pipeline grew by 4%

In January-September 2018, volume of oil transportation through the Baku-Supsa oil pipeline amounted to 2 798.6 thousand tons, a source on the oil market told the Interfax-Azerbaijan.

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TAP may have positive impact on gas price

Trans-Adriatic pipeline (TAP) can have a positive impact on gas prices. This was stated by Manager of TAP in Albania Michele Elia.

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In January-September, Azerbaijan increased import of Euro-95 petrol from Russia 29 times

In January-September 2018, Azerbaijan imported 45 990.6 tons of Premium Euro-95 motor petrol to the amount of $34 634.39 thousand, the country’s Government informs.

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In November, Azerbaijan increased oil production to 801 thousand barrels of oil equivalent; it comply with its obligations within OPEC+

In November 2018, daily volume of oil production in Azerbaijan amounted to 801 thousand barrels against 783 thousand barrels per day in October, this was reported by the Energy Ministry of the coun

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Azerbaijan plans to cooperate with BP, Total, Equinor to develop renewable energy sources

Azerbaijan is negotiating with the world's largest oil and gas companies to develop alternative and renewable energy sources, the country’s Energy Minister Parviz Shahbazov said.

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BP to continue investing in projects in Azerbaijan

The company is pleased with implementation of projects in Azerbaijan, for which it is an operator. This was stated by the BP regional president for Azerbaijan, Georgia and Turkey Gary Jones.

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ExxonMobil and Chevron think about withdrawal from Azeri-Chirag-Gunashli project in Azerbaijan

ExxonMobil and Chevron have planned to sell their shares in the Azeri-Chirag-Gunashli block in the Azerbaijani sector of the Caspian Sea.

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SOCAR to reduce carbon dioxide emissions by 35% in fight against climate change

By 2030, the Azerbaijani state company SOCAR will reduce carbon dioxide emissions by 35%. This was stated by UN Resident Coordinator Alessandro Fracasetti.

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In November, SOCAR didn’t export oil via Baku-Novorossiysk pipeline

SOCAR exported 1 48.1 thousand tons of oil through the Baku-Novorossiysk oil pipeline in January-November 2018.

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Azerbaijan is ready to discuss any proposals of Turkmenistan upon Transcaspian pipeline

Baku is ready to consider the proposals of the Turkmen side on the organization of transit of energy resources in the framework of the project of construction of the Transcaspian pipeline, Deputy f

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