Azerbaijan Oil and Gas

SOCAR: Since June 2018, Azerbaijani gas supplies to Turkey via TANAP amounted to 3.5 billion cubic meters

The total volume of gas production from the Shah-Deniz field in 2006-2019 exceeded 115 billion cubic meters, the SOCAR’s first vice-president Khoshbakht Yusifzadeh said.

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In November 2019, daily output of petroleum products in Azerbaijan amounted to 776 thousand barrels

In November 2019, daily production of petroleum products in Azerbaijan made up 776 thousand barrels. Of these, 687 thousand barrels were crude oil, 89 thousand barrels – gas condensate.

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SOCAR and Baker Hughes plan to cooperate in implementation of new technologies in production operations

SOCAR and Baker Hughes have agreed to cooperate on introduction of new technologies in extraction operations and in production of oilfield chemicals.

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Azerbaijan to become largest energy supplier with TAP commissioning

Azerbaijan will become the largest energy supplier to Italy with commissioning of the Trans-Adriatic gas pipeline (TAP).

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Azerbaijan supplied $297 million worth of oil to Ukraine in January-November, its share is about 78%

In January-November 2019, the Ukraine increased imports of oil and crude oil (according to 2709 FEACN code) by 6.2% compared to the same period in 2018 to 745.89 thousand tons.

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Total’s president of production: Absheron field in the Caspian Sea was the largest for the company in the last 10 years

Infrastructure for delivery of gas from the Absheron field in the Azerbaijani sector of the Caspian Sea will be ready in 2021, SOCAR reports in its press release.

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SOCAR Trading to deliver 5 million barrels of Azeri Light to Vietnam's Dung Quat refinery in the first half of 2020

SOCAR Trading (trading subsidiary of SOCAR) will supply 5 million barrels of Azeri Light oil to Vietnam in the first six months of 2020, the Vietnamese oil and gas group (Petrovietnam) reported.

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Rouhani: Iran interested in implementing oil projects with Azerbaijan in Caspian Sea

Iran is very interested in implementing joint projects with Azerbaijan on oil geological exploration and production in the Caspian Sea, the Iranian President Hassan Rouhani stated.

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Turkey received 3.3 billion cubic meters of gas from Azerbaijan under TANAP from June 2018

From June 2018 to November 25, 2019, deliveries of Azerbaijani gas from the Shah-Deniz field to Turkey via the Trans-Anatolian gas pipeline (TANAP) amounted to 3.3 billion cubic meters of Azerbaija

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Georgia to receive more than 1.1 billion cubic meters of gas for transit from Azerbaijan by 2023

The total amount of gas that Georgia will receive for transit of natural gas from Azerbaijan through the Southern Gas Corridor project will exceed 1.1 billion cubic meters by 2023.

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