Azerbaijan increased oil production for Jan-Aug 2018

Azerbaijan increased oil production for the past 8 months of the year by 0.9% versus the same term of 2017.

For Jan-Aug months number of new Azerigaz consumers increased by 55,000

As of 1 September 2018 gas supplying operator Azerigaz, a sub-company of the State Oil Company of Azerbaijan (SOCAR), numbered 2,149,772 gas consumers

Cost of Azerbaijani oil is $79.69 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has decreased by $1.81

IEA: Volume of non-OPEC states’ oil to increase

IEA: Volume of non-OPEC states’ oil to increase

Azerbaijan lowered gas export for 8 months of 2018

Over the past 8 months of the year Azerbaijan exported 4.6 bn cu m of declared gas

Azerbaijan increased oil export for 8 months of 2018

The export of declared oil from Azerbaijan for Jan-Aug 2018 totaled 19.9 million tons for $10.49 bn

Azerbaijan increased its electricity export for past 8 months

Over Jan-Aug of the year Azerbaijan exported 1.26 bn kWh of electricity

Cost of Azerbaijani oil is $81.50 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has increased by $1.21

Energy Minister Parviz Shahbazov to attend the GermanAzerbaijani Business Forum “Energy and ICT in Azerbaijan”

The Minister of Energy of Azerbaijan, Mr Parviz Shahbazov will deliver a speech at the official opening of the German-Azerbaijani Business Forum “Energy and ICT in Azerbaijan”, to be held on 9 October 2018 in Baku.

Energy Ministry discussed generation and consumption of electricity until 2030

The Ministry of Energy of Azerbaijan discussed report "Electricity Generation & Consumption in Azerbaijan: Retrospective View, Analysis, Forecasts & Proposals"

Cost of Azerbaijani oil is $80.29 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has increased by $1.3

Baku Higher Oil School strengthens partnership with Baker Hughes

Representatives of the regional branch of Baker Hughes, one of the world's largest oil field services companies, visited Baku Higher Oil School (BHOS) and met with the staff members

Price of Azerbaijani oil is $78.99 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has increased by $1.11

Azerbaijan kept daily oil production in August versus July

Daily production amounted to 774,000 barrels in Azerbaijan for August 2018

SOCAR has finished drilling a well at field West Absheron

The State Oil Company of Azerbaijan (SOCAR) has completed drilling of wells on field West Absheron

Cost of Azerbaijani oil is $77.88 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has declined by $0.02

86.4% of Azerkimya’s output exported last year

86.4% of chemical producer Azerkimya, a sub-company of the State Oil Company of Azerbaijan (SOCAR) was exported for 2017

A loan under governmental guarantee to be drawn for Southern Gas Corridor

A loan under governmental guarantee will be drawn for the Southern Gas Corridor.

Energy Minsiter: $95 bn invested in Azerbaijan's oil & gas sector

$95 bn has been invested in the oil & gas sector of Azerbaijan for application of modern technologies and best practices

Cost of Azerbaijani oil is $77.90 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has fallen by $1.27

Cost of Azerbaijani oil is $79.17 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has decreased by $0.57