Azerbaijan bought gasoline AI-95 abroad for 14% more expensive in 1st half of 2024

In the 1st half of this year, Azerbaijan reduced imports of premium gasoline (AI-95) by 14%.

Bloomberg: Europe prepares for latest Russian gas supplies through Ukraine

Oil prices rise after the fall, Brent - $69.64 per barrel

Prices for oil of benchmark grades are increasing in Wednesday’s trading after the collapse the day before to the lowest since December 2021.

Renewable energy made up 55% of electricity generated in NAR in 8 months

Azerbaijan falls behind OPEC+ quota for August

Qatar Energy to build 6 giant gas carriers at China shipyard

Ukrainians to receive electricity only for 12 hours a day in winter

According to the Ukrainian Center for Combating Disinformation, even in the best case, Ukrainians will receive electricity for only 12 hours a day next winter.

Gas production has increased for past 8 months

Gas exports from Azerbaijan grew by 3.1% in 8 months

Azerbaijan exported 8.4 bcm of gas to Europe for Jan-Aug 2024.

Oil price goes up after a rise the day before, Brent - $71.75 per barrel

Prices for oil of benchmark grades are declining in Tuesday’s trading after rising the day before.

Romania cooperates with Azerbaijan, Georgia and Hungary to develop a green energy corridor

Romania is working closely with Azerbaijan, Georgia and Hungary to develop a green energy corridor

SOCAR to carry out gasification of a Bulgarian city

Bulgaria's Assarel-Medet JSC Mining and Processing Complex plans to jointly with the State Oil Company of Azerbaijan (SOCAR) supply gas to the Bulgarian city of Panagyurishte (located 91 km east of Sofia in the province of Pazardzhik).

Data on gas extracted from Absheron field published

Finland’s Olkiluoto-2 nuclear power plant shut down

Finnish nuclear power plant Olkiluoto-2 has been shut down.

Oil price goes up, Brent - $71.95 per barrel

Prices for oil of benchmark grades are increasing in Monday’s trading after last week’s drop.

Azerbaijani oil has risen slightly in price

Oil price goes up, Brent - $72.77 per barrel

New generation gas processing plants to be constructed in Kazakhstan

New generation gas processing plants will be built in Kazakhstan.

SOCAR and Eni S.P.A to sign documents

On September 5, President of the Republic of Azerbaijan Ilham Aliyev met with Claudio Descalzi, the CEO of Italian company Eni S.p.A, in Rome.

Azeri Light keeps on going down

Growth recorded on asphalt production in Azerbaijan

Over Jan-Jul 2024, our country produced 50,300 tons of asphalt.