Greece, Bulgaria break ground for interconnector that will take Azerbaijan`s natural gas to Europe

Construction of 2nd stage of TANAP gas delivery to Europe under completion

SOCAR reports that 99% of TANAP construction works for the 2nd phase, envisaging gas transportation to Europe, has been finished

Prices for oil decline

Azerbaijani oil Azeri Light has fallen in price by $0.67

Extractive Industries Transparency Commission held its first meeting in new composition

Extractive Industries Transparency Commission held its first meeting in new composition

62 MW of electricity lost at Sangachal power plant restored

Azerenerji OJSC continues work on the restoration of the lost capacity at the Sangachal Power Plant

More than 175 million tons of oil produced at Neft Dashlari so far

The State Oil Company of Azerbaijan has reported that more than 175 million tons of oil extracted

Cost of Azerbaijani oil has declined

Azerbaijani oil Azeri Light has fallen in price by $0.44

Oil price rises on Monday, while on Friday Azeri Light fell in price

Azerbaijani oil Azeri Light has dropped in price by $0.73

U.S. sends an official mission to Azerbaijan for expansion of energy cooperation

Baku hosts the 4th meeting of the Azerbaijani-American Intergovernmental Commission on Economic Cooperation

Energy Minister goes to meeting of OPEC+ Ministerial Monitoring Committee

Azerbaijani Energy Minister Parviz Shahbazov will take part in the 14th meeting of the OPEC+ Ministerial Monitoring Committee to be held in Jeddah on 19 May

Oil price keeps on rising, and cost of Azeri Light exceeds $76 a barrel

Azerbaijani oil Azeri Light has increased in price by $1.15

Azerbaijan reduced export of oil products for 4 months of 2019

Over Jan-Apr 2019 the declared export of petroleum products from Azerbaijan totaled 359,965 tons for $178.47 million

Prices for oil rise, Azerbaijani oil costs above $75 a barrel

Azerbaijani oil Azeri Light has grown in price by $0.88

Prices for oil increased in Tuesday trading

Azerbaijani oil Azeri Light has grown in price by $0.43

Baku Higher Oil School students will work at STAR Refinery and Petkim

Six students from Baku Higher Oil School will work at SOCAR Turkey

Azerbaijani oil has increased in price

Azerbaijani oil Azeri Light has grown in price by $0.07

Average capacity of SCP exceeds 30 million cu m

In the first quarter of 2019, operating costs for the South Caucasus pipeline

4.3 bn cu m of gas extracted on Shah Deniz field in Q1

In the first quarter of 2019 operating expenses on Shah Deniz field amounted to $191 million

Over 8 million tons of crude oil exported via BTC in Q1

In the 1st quarter operating costs of the Baku-Tbilisi-Ceyhan pipeline amounted to about $25 million and capital costs about $6 million

$47 million cu m of Shah Deniz gas exported from Sangachal terminal

The daily capacity of the technical processing systems of the Sangachal terminal is currently about 1.2 million barrels of oil

7 million tons of oil extracted from ACG field in Q1 of 2019

Operating expenditures of Azeri-Chirag-Gunashli exceeded $138 million and capital expenditures $279 million in Q1 of 2019