Daily capacity of gas processing systems of Sangachal terminal reaches 100 million cu m

For Jan-Sept 2019 oil and gas from ACG and Shah Deniz continued to flow via subsea pipelines to the Sangachal terminal, reports ABC.AZ, citing BP Azerbaijan

SOCAR received 6 bn cu m of associated gas from ACG

Over the first 3 quarters ACG delivered an average of 5.7 million cu m a day of ACG associated gas to SOCAR, primarily at the Sangachal Terminal but also to SOCAR’s Oil Rocks facility.

20 million tons extracted from ACG for Jan-Sept

Total ACG production for the first 9 months of 2019 was on average about 541,000 bpd

ACG`s operations cost $418 million in operating costs and $1.034 bn in capital expenditures

In the first 3 quarters of 2019 it was spent more than $418 million in operating expenditure and about $1.034 bn in capital expenditure on ACG activities

Over Jan-Sept 2019 BTC exported 24 million tons of oil

In the first 3 quarters, BTC spent approximately $95 million in operating expenditure and about $25 million in capital expenditure

Oil prices are stable in Tuesday trading after a jump the day before

During Tuesday`s trading the prices for oil of standard grades are stable after a jump following the previous session

Personnel changes at SOCAR - Security Dept`s head becomes adviser

Some changes occurred in the leadership of SOCAR

Oil price ends the week with fall, and Azeri Light drops by 1.32%

Azerbaijani crude oil Azeri LT CIF has decreased in price by $0.80

SOCAR AQS ends construction of another well at Bulla-Deniz

SOCAR AQS has finished successfully the construction of well #113 at the actual depth of 6,200 m from stationary offshore platform #6 at Bulla-Deniz field

Georgia`s imported up to 70 million tons of oil and petroleum products from Azerbaijan for Jan-Sept

Azerbaijan sent 1.2 bn cu m of natural gas to Georgia this year

Georgia imported 1.211 bn cu m of natural gas from Azerbaijan for Jan-Sept 2019

SOCAR to provide managerial expertise to Antipinsky Refinery

State Oil Company of Azerbaijan completed necessary procedures and became a minority shareholder of the SOCAR Energoresurs Group in Russia

Oil prices decline, Azeri Light falls by 1.54%

The cost of crude oil Azeri LT CIF has decreased by $1.02

Turkey imported 735 million cu m of natural gas from Azerbaijan in August

Turkey imported 735 million cu m of natural gas from Azerbaijan in August of the year, reported the Energy Market Regulation Organization (EMRA) of Turkey

Natia Turnava: Baku-Tbilisi-Ceyhan and Baku-Supsa are main factors contributing to Georgia`s energy security

Any large regional project implemented on the territory of Georgia will strengthen the security and stability of this country

Azerbaijani oil rose by 1.45%

Azerbaijani crude oil Azeri LT CIF has increased in price by $0.95

Oil falls in price, and cost of Azeri Light drops by 1%

Azerbaijani crude oil Azeri LT CIF has decreased in price by $0.65

Digital platform of reforms created - Azerbaijan

Project “Modernization of electronic monitoring & evaluation infrastructure”, implemented jointly by BP and the Center for Analysis of Economic Reforms & Communications has been finished

Oil prices end week with rise, and Azerbaijani oil has grown by 2%

The cost of Azerbaijan crude oil Azeri Light has increased by $1.31

SOCAR and Romgaz sign Memo of Intentions

SOCAR and S.N.G.N. Romgaz S.A. (Romania) signed the Memorandum of Intentions on cooperation in exploration and production

Work on Trans-Adriatic Gas Pipeline met by 90% - Parviz Shahbazov