IGB now connected to Bulgarian national gas transmission network

The Greece-Bulgaria interconnector is now successfully connected to the Bulgarian national gas transmission network.

Volume of marketable natural gas reserves in Azerbaijan reach 20.4 million cubic meters

Taking into account the reserves at the beginning of this year, the volume of commercial reserves of natural gas in the country in January-June 2022 amounted to 20,406.3 million cubic meters.

Germany to run out of gas in three months

Price indices in oil and gas industry grow

AZN 2.7 billion allocated to oil and gas sector

Oil transportation via BTC exceeds 16 million tons in seven months

Volume of natural gas transported through Baku-Tbilisi-Erzurum pipeline this year revealed

Azerbaijani oil down $0.5

The Azerbaijani oil price has declined.

World markets see increase in oil prices

Gazprom says gas prices may exceed $4,000 in winter

Fuel prices on European stock exchanges have already reached $2,500 per 1,000 cubic meters, five times as high as a yea ago.

Electricity generation in Azerbaijan up by 4.2% in July

Electricity exports amounted to 1,037.7 million kilowatt-hours, and imports made up 83.5 million kilowatt-hours in January-July 2022, ABC.AZ reports with reference to the Ministry of Energy.

Azerenergy generates over 14 billion kilowatt-hours of energy

Electricity generation up 2.6% in seven months

Azerbaijani oil down $3.58

State Oil Fund warns citizens 

Oil drops on world markets

SOFAZ sees increase in assets in six-month period

Natural gas consumption reaches 4.8 billion cubic meters

Rashad Javadov, Deputy General Director for Sales of Azerigaz Production Association, has revealed the statistical indicators for seven months of this year and for July.

Oil prices drop on world markets

ICGB reveals why commissioning of Greece-Bulgaria interconnector is delayed

The delay in the commissioning of the Greece - Bulgaria interconnector (IGB), through which Azerbaijani gas from the Shah Deniz field should be delivered to Bulgaria, is technical and associated with a discrepancy in the documentation, Report informs, citing the ICGB gas pipeline operator.

Moody's has upgraded ratings of SOCAR

Moody's Investors Service (Moody's) has today upgraded the ratings of State Oil Company of the Azerbaijan Republic (SOCAR) to Ba1 from Ba2, including its corporate family rating (CFR) and senior unsecured rating.