A new bitumen plant to be launched at Heydar Aliyev refinery by end of 2018

A new bitumen plant to be launched at Heydar Aliyev refinery by end of 2018

First exploration well on Shafag-Asiman structure to be drilled in 2nd half of 2019

First exploration well on Shafag-Asiman structure to be drilled in 2nd half of 2019

Production from gas condensate field Absheron scheduled for 2020-21

Production from gas condensate field Absheron scheduled for 2020-21

Drilling of first appraisal well on Karabakh field scheduled for 1st half of 2019

Drilling of first appraisal well on Karabakh field scheduled for 1st half of 2019

Socar president: A new well from second platform on Umid field to be drilled in 2020

Socar president: A new well from second platform on Umid field to be drilled in 2020

Cost of Azerbaijani oil is $80.66 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has grown by $0.75

Azerenergy generated 1.9 bn kWh of electricity in August

Azerenergy generated 1.9 bn kWh of electricity in August

SOCAR: Works at high density polyethylene plant ended by 98%

SOCAR: Works at high density polyethylene plant ended by 98%

Cost of Azerbaijani oil is $79.91 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has increased by $0.25 (0.31%).

Azerbaijan’s export on oil rises and on gas falls for first 7 months of 2018

Over Jan-Jul of the year Azerbaijan exported 18.914 million tons of oil

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