Azerbaijan

MMK to present its products in Baku. Azerbaijan market is of great interest to the company.

According to the Department of Information and Public Relations of the city-forming enterprise, MMK is a regular participant of this major exhibition event, as the market of Azerbaijan is tradition

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In January-September, Azerbaijan reduced oil production by 2.7% and increased gas production by 16.8%

In January–September 2019, oil production in Azerbaijan amounted to 28 216.2 thousand tons, which is by 2.7% less than in the same period last year, the State Statistics Committee reported.

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Azerbaijani gas exports from Shah-Deniz field increased by 28% in January-September

In January-September 2019, Azerbaijani gas exports from the Shah-Deniz field amounted to 7 412.8 million cubic meters, which is by 28.1% more than in the same period last year, the State Statistics

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Azerbaijan produces 1.09 billion tons of oil from offshore fields

To date, 1.09 billion tons of oil have been extracted from Azerbaijan's offshore fields. This was announced by SOCAR vice-president for field development Ya.

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SOCAR and Uniper agree on cooperation program for 2020

SOCAR and the German Uniper have signed a cooperation program for 2020.

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AIOK to stop production from the Western Chirag platform at Azeri-Chirag-Gunashli for 15 days

Azerbaijan international operating company (AIOK, operator for development of Azeri-Chirag-Gunashli fields block) will stop the Western Chirag platform from October 15, 2019.

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SOCAR Trading has supplied 1.5 million tons of Kazakh oil to world market since the beginning of 2019

SOCAR Trading company delivered 1.5 million tons of Kazakh oil to the world market in the first 9 months of 2019. This was stated by the Azerbaijani Energy Minister Parviz Shahbazov.

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Deliveries of Azerbaijani gas to Turkey through TANAP amounted to 2.7 billion cubic meters

From June 2018 to the end of September 2019, Azerbaijani gas supplies from the Shah-Deniz field to Turkey via the Trans-Anatolian gas pipeline (TANAP) amounted to 2.7 billion cubic meters of Azerba

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Azerbaijan to receive 58% of TANAP’s revenues

Once TANAP gas pipeline is fully operational, up to $1.45 billion in revenue will be generated from gas transportation. This was stated by general director of TANAP Saltuk Duzyol.

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SOCAR expects to start drilling at Karabakh field in the Caspian Sea in the near future

SOCAR expects to launch a new production platform at the Karabakh field in the Azerbaijani sector of the Caspian Sea in the near future, the company reports.

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