SCP operating costs exceed $13 million

BP Azerbaijan has published a report following the 1st quarter of 2021

Shah Deniz daily production capacity is 58 million cu m

BP-Azerbaijan produced 5.1 bn cu m of gas from Shah Deniz field for the 1st quarter of 2021 (8.5% more versus Q1 of 2020).

BTC carried 482 million tons of crude oil in Q1

In the 1st quarter of 2021 operating expenses on the Baku-Tbilisi-Ceyhan (BTC) oil pipeline amounted to about $41 million

Oil & gas export from Sangachal terminal reported

60 million barrels of oil and condensate were exported from the Sangachal terminal via the Baku-Tbilisi-Ceyhan (BTC) and the Western Export Pipeline for the 1st quarter of 2021

SOCAR received 1 bn cu m of associated gas from ACG for past 3 months

In the 1st quarter of 2021 three oil-producing and two water-injection wells were drilled at Azeri-Chirag-Guneshli

ACG production reached 6 million tons in Q1

ACG capital expenditures totaled $463 million

BP Azerbaijan has announced the results of the 1st quarter of 2021

Oil rises in price after publication of data on U.S. stocks, and Brent is at $67.47 a barrel

Oil prices of standard grades are increasing in Thursday’s trading after the publication of data from the U.S. Department of Energy on energy reserves in the U.S.

Three committees established for SOCAR improvement

The Supervisory Board of the State Oil Company has held today a regular meeting

Oil drops in value, and Brent is at $66.39 a barrel

Prices for oil of standard grades are slightly lowering in Wednesday’s trading after the publication of data from the American Petroleum Institute (API) about the growth of reserves in the U.S.

Oil rises in cost, and Brent is at $66.04 a barrel

Prices for oil of standard grades are growing in Tuesday’s trading

SOCAR buys three tankers

SOCAR has bought three Aframax-class tankers for $120 million for transportation of crude oil

Oil falls in price, and Brent is at $65.71 a barrel

Prices for oil of standard grades are decreasing in Monday’s trading amid the fears that the epidemiological situation may worsen in some countries

SOCAR withdraws from management of Antipinsky Oil Refinery

Oil rises in price, and Brent is at $65.77 a barrel

Prices for oil of standard grades are increasing in Friday’s trading

Oil falls in cost, and Brent is at $65.01 a barrel

Prices oil of standard grades are lowering on Thursday amid the data about the growth of oil reserves in the U.S. and concerns about the fuel demand in connection with the growing incidence of Covid-19 around the world

Oil declines in value, and Brent is at $66.17 a barrel

Oil prices are falling in Wednesday’s trading because of an increase in the incidence of Covid-19 in a range of countries

Garasu substation commissioned in Hajiqabul

A 110/35/10 Kv ‘Garasu’ substation has been launched in Hajiqabul district

Cost of oil grows, and Brent is at $67.70 a barrel

Oil keeps on rising in Tuesday’s trading

Gasoline imports in Azerbaijan sharply doubled

The volume of gasoline imported in Azerbaijan for Jan-Feb of this year has been published.

A power transmission line is laid from Dashkesan to Kelbajar

Azerenerji is laying a power transmission line from Dashkesan district to Kelbajar district