Minister of Energy of Azerbaijan Parviz Shahbazov met with members of AmCham

President Ilham Aliyev opens wind energy park ‘Yeni Yashma’

Today, the opening of wind energy park "Yeni Yashma" with capacity of 50 MW in the Yeni Yashma and Shurabad settlements of Khizi district.

Cost of Azerbaijani oil declines by $1.35 a barrel

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

Azerbaijan increases oil production for past month

The daily oil production in Azerbaijan for September reached 796,000 bpd, including 725,000 bpd of crude and 71,000 bpd of condensate.

Cost of Azerbaijani oil increased by $1.21 a barrel

The price of a barrel of Azerbaijani oil grade Azeri Light has grown by $1.21

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