Iraqi Oil Minister: OPEC+ to consider oil production cut

OPEC and partners (OPEC+) will consider further cuts of oil production

Opening ceremony of part of TANAP project connecting with Europe took place

An opening ceremony of the Europe link of the TANAP gas pipeline has been held in Ipsala settlement, Edirne province, Turkey on 30 November

OPEC: Oil market to be more balanced in 2020 with current production levels

OPEC expects the oil market to stabilize in 2020 if current production levels continue

Oil falls in price and Azeri Light drops by 0.12%

Azerbaijani crude oil Azeri Light has decreased by $0.08

Oil falls in cost and Azeri Light declines in price by 0.38%

Azerbaijani crude oil Azeri Light has decreased by $0.26

Oil rises, and Azeri Light grows in price by 0.69%

Crude oil Azeri Light rose by $0.47

A new filling station under SOCAR brand put into operation

A new filling station has been commissioned under the SOCAR brand

Oil prices decline in Azerbaijan

OPEC+ can make a decision about further decline of oil production

OPEC+ may decide to continue oil production cuts in December.

SOCAR and Uzbekneftegaz to create trading joint venture

SOCAR and Uzbekneftegaz made a decision to open a trading joint venture to export hydrocarbons from Uzbekistan to Europe

Oil has grown much in price, and Azeri Light by 0.89%

Crude oil Azeri Light rose by $0.60 up to $68.14 a barrel

For Jan-Sept Azerbaijan shipped natural gas for $1.8 bn

Oil rises sharply, and Azeri Light grows in price by 1.84%

Azerbaijani crude oil Azeri Light increased by $1.22 (1.84%) up to $67.54 a barrel.

AZN 4.2 bn directed for oil and gas sector

The State Statistics Committee reports that AZN 4.27 bn were directed for oil & gas sector of Azerbaijan for Jan-Oct 2019

Cost of petrochemical production announced – over AZN 2 million

Over Jan-Oct of the year the total cost of manufacture in the sphere of petroleum products in Azerbaijan amounted to AZN 2.544 bn

Georgian government postpones applying Euro-5 standards

The Georgian government has made a decision to postpone the application of Euro-5 diesel fuel standard in Georgia until 1 January 2021

Oil prices drop, and Azeri Light fell by 0.88%

Azerbaijani crude oil Azeri Light decreased by $0.59 (0.88%) to $66.32 a barrel

Oil price observes decline, and cost of Azeri Light falls by 2.6%

Azerbaijani crude oil Azeri Light has decreased by $1.79

Georgia bought 124,200 tons of petrol and diesel fuel from Azerbaijan for past 10 months

Georgia imported 124,200 tons of petrol and diesel fuel from Azerbaijan for Jan-Oct 2019.

2nd phase of TANAP to be launched on 30 November

The 2nd phase of pipeline TANAP will be launched on 30 November

Azerbaijani oil has grown in cost by 1.27%

Azerbaijani crude oil Azeri Light has increased in value by $0.86