Azerbaijan to initially export 4 GW of green energy to Europe

Azerbaijan will initially export 4 GW of green energy to Europe.

Baku power plant generated 8.86 bn kWh of electricity

Since its commissioning until February 1, 2024 the Baku modular power plant has generated a total of 8.86 bn kWh of electricity.

Oil price goes up, Brent - $83.22 a barrel

Prices for oil of benchmark grades are rising in Thursday's trading.

By 2027, 8 industrial-scale power plants to be put into operation

By 2027, 8 industrial-scale power plants will be put into operation to increase the share of renewable energy sources, as well as decarbonize oil and gas operations, including at the Sangachal terminal.

Azerbaijan earned $276 million from export of electricity to this country

Azerbaijan increased the volume and prices of electricity exported to Türkiye in 2023.

Azerbaijan and U.S. discuss increase of gas supplies to Europe

Azerbaijan and the U.S. discussed the matter of increasing gas supplies to Europe.

Oil price goes up, Brent - $82.70 a barrel

Prices for oil of benchmark grades are rising in Wednesday's trading.

A wind farm to be built in Azerbaijan

A wind farm with installed capacity of 240 MW will be constructed in Azerbaijan.

Export of natural gas from Azerbaijan to Türkiye increased much

Azerbaijan’s natural gas exports to Türkiye grew by 58% last year.

Kadri Simson to take part in ministerial meeting of SGC Advisory Council

European Union Energy Commissioner Kadri Simson will visit Azerbaijan to participate in the 10th ministerial meeting of the Southern Gas Corridor (SGC) Advisory Council and the 2nd ministerial meeting of the COP on green energy.

Russia has given two loans to Cuba for supply of oil and petroleum products

Russia has given two loans to Cuba for the supply of oil and petroleum products, one of them has already been fulfilled.

Oil prices change in different directions, Brent - $83.51 a barrel

Prices for oil of benchmark grades are moving in different directions in Tuesday's trading.

Azerbaijan sharply increased gas exports to European countries in 2023

Azerbaijan, along with Italy, sharply increased natural gas exports to Greece, Romania and Bulgaria in 2023.

Data unveiled on project of Shafag solar power plant

The final investment decision on the construction of the Shafag solar power plant (Sunrise) in Jabrayil district will be made in the 2nd half of this year

Georgia allocated $33 million to buy gas in Azerbaijan last month

In January 2024, Georgia imported 287.1 million cu m of gas (206,700 tons) from Azerbaijan (20.2% less versus January 2023),

The Economist: Azerbaijan is among main sources of gas production growth

Oil and gas production, supported by high prices, will continue to grow.

Azerbaijan’s gas supplies to Italy via TAP drop for 2023

Gas supplies from Azerbaijan to Italy via the Trans Adriatic Pipeline (TAP) in 2023 amounted to about 10 bcm (3.2% less than in 2022)

Oil price goes down, Brent is at $82.82 a barrel

Prices for oil of benchmark grades are declining in Monday’s trading after a rise following the past week.

Data unveiled on natural gas sold abroad for January

In January 2024, Azerbaijan sold 1.93 bcm of natural gas abroad.

Oil price is stable, Brent - $82.78 a barrel

Prices for oil of benchmark grades fluctuate slightly in Friday’s trading after growth the day before.

A solar power plant to be built in Jabrayil by end of 2025