Commercial delivery of Azerbaijani gas to Europe begins - date announced

Energy Minister Parviz Shahbazov has received Italian ambassador Augusto Massari to Azerbaijan.

Oil keeps on rising in price, and Brent is at $48.23 a barrel

Oil prices are growing in Wednesday`s trading after a jump following the previous trading.

Baku-Supsa pipeline capacity has increased – transported oil volumes grew by 13%

Oil prices change weakly after falling the day before, and Brent is at $44.20 per barrel

The benchmark oil prices are stable on Friday after a slight decline the day before

Two fields produced 549.7 million tons of oil

Since the commissioning of the Azeri-Chirag-Gunashli and Shah Deniz fields until November 1, a total of 549.7 million tons of oil (together with condensate) were produced.

Over 10 months TANAP exported 3.7 bn cu m of gas to Turkey

In the first 10 months of 2020 Azerbaijan 30.5 bn cu m of gas (5.4%) with a rise of 1.6 bn cu m against Jan-Oct 2019

23.8 million tons of oil exported for past 10 months

The Ministry of Energy of Azerbaijan has distributed information on the volume of oil produced in Azerbaijan for Jan-Oct 2020

Oil production has fallen sharply

Azerbaijan produced 28.8 million tons of oil (including condensate) for Jan-Oct 2020

Another drilling company established

The State Tax Service under the Ministry of Economy of Azerbaijan has registered Oil Rocks Drilling Company LLC.

Oil prices fall after rising the day before, and Brent is at $44.12 a barrel

Oil prices are decreased in Thursday`s trading amid the concerns that the demand will lower because of the growing incidence of Covid-19 around the world

Oil prices change in various directions, and Brent is at $43.75 a barrel

The benchmark oil prices are changing in different directions in Wednesday’s trading after the OPEC+ countries postponed by two weeks the adoption of recommendations on the oil production increase by 2 million b/d from January

Output of chemicals has grown

Over the past 10 months Azerbaijan’s output on the chemical industry products has increased

Investments in Azerbaijan`s oil and gas sector increased

Azerbaijan`s oil & gas sector was invested AZN 4.78 bn for the past 10 months of 2020

Azerbaijani natural gas to be supplied to Bulgaria as part of a large project

Azerbaijani natural gas will be supplied to Bulgaria starting from 1 January 2021

Oil gets more expensive, and Brent is at $44.21 a barrel

Oil prices keep on growing in Tuesday`s trading amid the expectations that the OPEC+ countries will postpone the planned increase in the oil production

About 500,000 tons of chemical products exported for past 10 months

Azerbaijan increased gas exports

Azerbaijan`s crude oil exports declined for past 10 months

BP`s report: Drilling for past 3 quarters

BP Azerbaijan has published a report for 3rd quarter of 2020

Funds spent on Shah Deniz activities

In the first three quarters of 2020, Shah Deniz spent about $620 million in operating expenditure and $719 million in capital expenditure

More than 469 million tons of oil carried via BTC

In the first three quarters of 2020, BTC spent more than $67 million in operating expenditure and about $20 million in capital expenditure.