Azerbaijan

Ministry of Energy: In 2018, oil production at Azeri-Chirag-Gunashli block fell by 0.6%

In 2018, Azerbaijan International Operating Company (AIOC) extracted 28 722 thousand tons of oil from the Azeri-Chirag-Gunashli block of fields, the country’s Ministry of Energy told the Inte

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Azerbaijan exported oil for nearly $16 billion in 2018

In 2018 exports of oil from Azerbaijan amounted to 29 million 498.337 thousand tons, Interfax-Azerbaijan was told in the State Customs Committee (SCC).

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Azerbaijan imported about 1 billion cubic meters of gas from Russia in 2018

In 2018 Azerbaijan imported 1 billion 798.2 million cubic meters of gas, the Ministry of Energy told Interfax-Azerbaijan.

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Energy Ministry: In 2018, Azerbaijan increased oil production by 0.3%, gas – by 6.4%, SOCAR increased oil production by 1.5%, gas – by 7.5%

In 2018, oil production in Azerbaijan amounted to 38.802 million tons, which is by 0.3% more than in 2017, the Interfax-Azerbaijan agency was informed by the Ministry of Energy.

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In 2018, SOCAR increased gas export to Georgia by 1%

In 2018, SOCAR increased gas exports to Georgia by 1.4% to 1 399.7 million cubic meters of gas, the Interfax - Azerbaijan agency was informed by the Ministry of Energy.

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The president Ilham Aliyev attends the opening of the SOCAR karbamid plant.

On January 16 the SOCAR karbamid plant, built on the territory of the Sumgayit Chemical Industrial Park, was commissioned.

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In 2018, Azerbaijan kept leadership in export of diesel fuel to Georgia – 31.3% of total volume

In 2018, Georgia, which meets its needs in petroleum products by almost 100% due to imports, brought to the country 1 98.9 thousand tons of petrol and diesel fuel, which is by 0.3% more than in 201

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Aliyev: In 2019, Azerbaijan may increase capacities on electricity generation by almost 1 thousand MW

In 2019, generating capacities of Azerbaijan's energy system are planned to be increased by about 1 thousand MW, President Ilham Aliyev reports.

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Azerbaijan plans to create PVC production worth $ 80 million

The Azerbaijan Export & Investment Promotion Foundation (Azpromo) proposes to set up production of polyvinyl chloride in the country, Interfax reports.

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In 2018 Azerbaijan exported to Ukraine oil for $407 million

Ukraine in 2018 reduced imports of oil and oil products by 24.3% compared to 2017 - to 766.832 thousand tons.

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