Oil transportation via BTC exceeds 16 million tons in seven months

Volume of natural gas transported through Baku-Tbilisi-Erzurum pipeline this year revealed

Azerbaijani oil down $0.5

The Azerbaijani oil price has declined.

World markets see increase in oil prices

Gazprom says gas prices may exceed $4,000 in winter

Fuel prices on European stock exchanges have already reached $2,500 per 1,000 cubic meters, five times as high as a yea ago.

Electricity generation in Azerbaijan up by 4.2% in July

Electricity exports amounted to 1,037.7 million kilowatt-hours, and imports made up 83.5 million kilowatt-hours in January-July 2022, ABC.AZ reports with reference to the Ministry of Energy.

Azerenergy generates over 14 billion kilowatt-hours of energy

Electricity generation up 2.6% in seven months

Azerbaijani oil down $3.58

State Oil Fund warns citizens 

Oil drops on world markets

SOFAZ sees increase in assets in six-month period

Natural gas consumption reaches 4.8 billion cubic meters

Rashad Javadov, Deputy General Director for Sales of Azerigaz Production Association, has revealed the statistical indicators for seven months of this year and for July.

Oil prices drop on world markets

ICGB reveals why commissioning of Greece-Bulgaria interconnector is delayed

The delay in the commissioning of the Greece - Bulgaria interconnector (IGB), through which Azerbaijani gas from the Shah Deniz field should be delivered to Bulgaria, is technical and associated with a discrepancy in the documentation, Report informs, citing the ICGB gas pipeline operator.

Moody's has upgraded ratings of SOCAR

Moody's Investors Service (Moody's) has today upgraded the ratings of State Oil Company of the Azerbaijan Republic (SOCAR) to Ba1 from Ba2, including its corporate family rating (CFR) and senior unsecured rating.

Turkish vessel to provide energy to Russian LNG plant

Russian company Novatek will order a floating power plant with capacity of about 300-400 MW, powered by gas piston engines, from Turkey’s Karpowership.

Oil gets cheaper, and Brent is at $96.03 a barrel

Prices for oil of standard grades are declining in Wednesday’s trading.

596.9 million tons of oil produced on ACG and Shah Deniz

Azerbaijan exported 15.6 million tons of oil (together with condensate) for Jan-Jul 2022. Of them, about 14.7 million tons accounted for the consortium and 900,000 for SOCAR.

Oil production by SOCAR for 2022 published

Cost of oil declines, and Brent is at $96.42 a barrel

Prices for oil of benchmark grades are falling in Tuesday’s trading after rising at the end of the previous session