IMF slightly reduces forecast on oil prices for 2018-19

The International Nonetary Fund (IMF) has slightly lowered the forecast on world oil prices for 2018 and 2019

By end of 2018 Azerbaijan plans to finish process of raising a $1.5 bn loan for Southern Gas Corridor

The State Oil Company of Azerbaijan (SOCAR) plans to complete the process of raising a loan for the Southern Gas Corridor Project at the end of 2018.

Deputy Energy Minister: Azerbaijan and Germany have great prospects on energy cooperation

Azerbaijani and German companies have prospects for cooperation in various fields, including energy sector

71 populated localities gasified in Azerbaijan

Since early 2018 Azerigaz has laid new gas lines with length of 2,385.1 km

Sumgait Technologies Park starts exporting electric cable in Kyrgyzstan

The Sumgait Technologies Park (STP) started exporting electric cable to Kyrgyzstan under brand “Made in Azerbaijan” for the first time

Hungary wants to join Southern Gas Corridor

Energy Minister Parviz Shahbazov of Azerbaijan has met with Minister of Foreign Affairs & Trade Péter Szijjártó of Hungary within the framework of forum Russian Energy Week.

Energy Minister: Total level of renewable energy to reach 30% until 2030

Azerbaijani Energy Minister Parviz Shahbazov delivered speech at international forum "Russian Energy Week" in Moscow.

Energy Minister: Oil production in Azerbaijan to grow by end of 2018

Oil production in Azerbaijan is going to increase by the end of 2018.

Azerbaijan and Russia to discuss 2nd stage construction of high-voltage power line tomorrow

Azerbaijan-Russia workgroup on cooperation in the field of electricity are to hold a meeting.

Cost of Azerbaijani oil is $87.10 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has increased by $1.16

Energy Minister to take part in Russian Energy Week

Energy Minister to take part in Russian Energy Week

381 new buildings gasified in Azerbaijan for past 3 quarters

Azerigaz, a gas supplying sub-company of SOCAR, provided gasification of 381 multi-storey buildings for Jan-Sept of the year.

Cost of Azerbaijani oil is $82.98 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has increased by $0.06

Cost of Azerbaijani oil is $82.92 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has declined by $0.64

Cost of Azerbaijani oil is $83.56 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has increased by $1.35

Cost of Azerbaijani oil is $82.21 a barrel

September 21, Fineko/abc.az. The price of a barrel of Azerbaijani oil grade Azeri Light has grown by $1.85

Urgent measures taken in Azerbaijan’s energy system

Urgent measures taken in Azerbaijan’s energy system

Energy Charter Conference to be held in Baku in 2020

The Energy Charter Conference will be held in Baku in 2020

Cost of Azerbaijani oil is $80.34 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has declined by $0.35

Lukoil opens its 58th petrol station in Baku under its brand

Lukoil opens its 58th petrol station in Baku under its brand

Preliminary engineering and design work on SOCAR GPC finished

Preliminary engineering and design work on SOCAR GPC finished