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  • Fuel and Energy
  • item

    Energy Minister has got acquainted with activities of energy facilities

    Azerbaijan's Energy Minister Parviz Shahbazov has familiarized himself with activities of a number of facilities, taking leading positions in the energy sector

    18.12.2017,17:49

  • item

    Azerbaijan’s Energy Minister meets with UK Minister of State for Trade & Export Promotion

    Azerbaijani Energy Minister Parviz Shahbazov has met with Baroness Rona Fairhead, the UK Minister of State for Trade & Export Promotion and co-chair of the Joint Intergovernmental Commission

    15.12.2017,16:02

  • item

    Oil production decreases in Azerbaijan

    Azerbaijan’s oil production 35,413 tons of oil for the first 11 months of 2017 that is by 6.1% less than for the same term of 2016

    15.12.2017,11:42

  • item

    Cost of Azeri oil has grown by half a dollar

    The price of Azerbaijani oil Azeri LT CIF has become more expensive on the world market

    15.12.2017,11:39

  • item

    OECD countries’ oil stocks decreased by 200 million barrels since early 2017

    Oil stocks in countries of the Organization for economic cooperation and development (OECD) decreased by 200 million barrels from the beginning of the year

    14.12.2017,15:55

  • item

    SOFAZ has received $5.8 bn from ACG profit oil this year

    Over Jan-Nov of the year the State Oil Fund of Azerbaijan (SOFAZ) received $5.78 bn from sale of profit oil from oilfield block Azeri-Chirag-Gunashli (ACG), located in the national sector of the Caspian Sea

    14.12.2017,11:40

  • item

    Azeri oil price continues to decline

    The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market fell by $1.41

    14.12.2017,11:22

  • item

    Natural gas export from Azerbaijan has grown

    Natural gas export from Azerbaijan has increased by 11.5%.

    13.12.2017,13:01

  • item

    Azeri oil price has declined

    The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market fell by $0.35

    13.12.2017,11:54

  • item

    Azeri oil price increased and costs almost $67 a barrel

    The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market has increased by $1.14

    12.12.2017,10:56

  • item

    Action Plan on ACG and Shah Deniz projects to be discussed next week

    Discussion of the Action Plan 2018 on the activity within the ACG and Shah Deniz projects will be held in the coming week

    11.12.2017,13:02

  • item

    SOCAR has signed an oil export contract with Vietnam

    Socar Trading (Azerbaijan) and Binh Son Refining & Petrochemical Co. (BSR; Vietnam) have signed a contract

    08.12.2017,17:23

  • item

    Oil Fund’s executive director: ‘Azerbaijan is not afraid of transparency’

    Azerbaijan announced its withdrawal from the EITI (Extractive Industries Transparency Initiative), but remained loyal to the principles of organization and principles of transparency.

    08.12.2017,16:16

  • item

    Azerbaijani oil price has increased

    The price of a barrel of Azerbaijani oil Azeri LT CIF on the world market has grown by $0.5

    08.12.2017,14:56

  • item

    Azerbaijan exported over 19 million tons of oil for Jan-Nov

    Over the past 11 months of 2017 the State Oil Company of Azerbaijan (SOCAR) exported 19.026 million tons of its oil to world markets

    08.12.2017,12:40

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