Azerbaijani gas has reached Europe

On 20 May gas from Azerbaijan reached the territory of Albania as part of the test works of the Trans-Adriatic Pipeline

Oil prices fall, while Brent price declines to $34 a barrel

Oil prices are falling on Friday after rising the day before up to the highest for the last 6 weeks

Oil refining from these fields has grown

Azerbaijan produced 535 million tons of oil (together with condensate) and 293 bn cu m of gas from the Azeri-Chirag-Guneshli and Shah Deniz fields in the period of commissioning until 1 May 2020

Gas exports by Azerbaijan grew more than by 13%

Over Jan-Apr 2020 Azerbaijan extracted 13.4 bn cu m of gas (by 15% or 1.8 bn cu m more versus the same term 2019)

Azerbaijan lowers oil volumes sold abroad

For the past 4 months of 2020 Azerbaijan exported abroad 10.2 million tons of oil (together with condensate)

Azerbaijan`s oil production observed a rise for Jan-Apr

Over the past 4 months of 2020 Azerbaijan produced 12.4 million tons of oil (including condensate)

Oil continues rise in price after growth the day before, and Brent grew up to $36.50 a barrel

Prices for oil of standard grades are increasing during Thursday`s trading after rising for the second week in a row

Georgia lowers oil imports by 19%

Georgia imported natural gas for $157.7 million for Jan-Apr 2020

Cost of oil continues growth, Brent risen up to $34.97 per barrel

Oil prices in Wednesday`s auction are increasing moderately after the rise-fall in the trading the day before

Oil price keeps on rising, and Brent has grown up to $35 a barrel

Oil prices continued to grow on Tuesday after rising at the end of the previous session, amid the gradual opening of economies around the world and signals of increased demand with production cuts