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Oil:For 2020, oil and condensate production is expected at 34.43 million tons, which is more than 3 million tons lower than in 2019. Azerbaijan has not seen such a rate of decline since 2012. For the...
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Baku/25.12.20/ Turan: Revenues of the state budget of Azerbaijan for 2021 are projected at 25 billion 427 million manats (an increase of 5.4% compared to the forecast for 2020), expenses - 28 billion...
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Baku/25.12.20/ Turan: Bulgaria will begin receiving natural gas from Azerbaijan from December 31, 2020, said Bulgarian Energy Minister Temenuzhka Petkova.“The agreement with Azerbaijan is an extremely...
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Baku/25.12.20/ Turan: President of SOCAR Rovnag Abdullayev is the Chairman of the Board of SOCAR Turkiye Enerji (Turkish subsidiary of SOCAR), the State Oil Company of Azerbaijan said."Starting in Dec...
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Baku/25.12.20/ Turan: Thermal coal used to generate electricity at thermal power plants has increased sharply in price over the past two months, as large consumers in China, India, South Korea and Jap...
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Baku/25.12.20/ Turan: The plans of the European Union to introduce cross-border carbon regulation contain elements of unfair competition, Russian President Vladimir Putin said at a meeting of the Stat...
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Baku/23.12.20/ Turan: Gas exports from Azerbaijan in January-November 2020 amounted to 12 billion cubic meters, an increase of 14% compared to the same period last year.According to the Ministry of En...
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Baku/23.12.20/ Turan: The supplies of Azerbaijani gas from the Shah Deniz field to Turkey via the Trans-Anatolian Gas Pipeline (TANAP) have already reached a volume of about 8 billion cubic meters.Thi...
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Baku/23.12.20/ Turan: The Azerbaijani government has revised the forecast oil price in the state budget for 2021 and increased it to $ 40 per barrel.“The draft budget for the next year has been submit...








