Azerbaijan meets its obligations within OPEC/NOPEC

Azerbaijan’s daily oil production in June 2018 totaled 792,000 barrels

Cost of Azerbaijani oil has declined

The price of a barrel of Azerbaijani oil grade Azeri Light decreased by $2.44

OPEC expects growth in global oil demand up to 100.3 million bpd next year

OPEC keeps its forecast on global oil demand in 2018.

OPEC expects growth of oil production in Russia in 2nd half of 2018

OPEC expects that in the 2nd half of the year Russia will increase oil production by 150,000 bpd up to 11.13 million bpd

Price of Azerbaijani oil is $80.36 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light increased by $0.92

Cost of Azeri Light is $79.44 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light increased by $1.14

Azerbaijan inspects entire energy sector

New power substations are to be built in Baku and districts of the country.

14,440 families in Azerbaijan received gas first time

Azerigaz continues taking measures aimed at ensuring gasification of new building projects in the country

Azerbaijan halts import of electricity from Georgia

Azerbaijan has suspended emergency imports of electricity from Georgia.

SOFAZ Supervisory Board held a meeting

A meeting of the Supervisory Board of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) was held on July 6, 2018.

Vitaly Beylarbekov: There is a possibility to bring gas in Southern Gas Corridor from new potential sources

Azerbaijan is interested in attracting new sources for the Southern Gas Corridor.

Azerbaijan invested over AZN 60 million in alternative energy sources

The State Agency for Alternative & Renewable Energy Sources (ABEMDA) reports that more than AZN 60 million were invested in projects in this sphere

Georgia has doubled supply of electricity to Azerbaijan

Georgia has doubled the supply of electricity to Azerbaijan

Cost of Azerbaijani oil is $79.50 a barrel

The price of a barrel of Azerbaijani oil of the Azeri Light brand has declined a little by $0.12

A fire occurs again at Mingachevir Thermal Power Plant

The Ministry of Emergency Situations of Azerbaijan has spread information about fire at the Mingachevir Thermal Power Plant.

President Ilham Aliyev thanked Russia and Georgia for energy assistance

Azerbaijani President Ilham Aliyev held a meeting devoted to the situation in country’s energy system.

Azerbaijan can attract international audit to study state of its energy system

President Ilham Aliyev: you should be ashamed to the people and to the country!

Price of Azeri Light has increased

Cost of a barrel of Azerbaijani oil of the Azeri Light brand has grown by $1.18 (1.5%).

Failures in energy system lead to reduction in oil and gas production in Azerbaijan

Presidential Administration: necessary measures are taken to liquidate consequences and prevent recurrence of such accidents