During 10 months, 2013 gas production by Gasprom increased by 0.2% against the same period last year and totaled 391,070,000,000 cub.m. based on the international standards of the financial accountability, reads the materials of the Central Dispatcher Department of the fuel and energy sector.
During 10 months, 2013 gas extraction by NOVATEC increased by 5.4% up to 51,075,000,000 cub.m., by Rosneft – by 3.8% up to 36,944,000,000 cub.m, by LUKoil – by 8.3% up to 15,047,000,000 cub.m., by Gasprom Oil – by 33.6% up to 11,476,000,000 cub.m., by Tatneft – by 1.6% up to 732,100,000 cub.m., by Bashneft – by 20% up to 395,500,000 cub.m. and by Russneft – by 5% up to 1,323,000,000 cub.m. During 10 months, 2013 Surgutneftegas decreased gas production by 1.8% to 10,084,000,000 cub.m., reported http://www.biztass.ru.--0--
Economics
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Last year, Azerbaijan's exports fell sharply. In 2024, the country's exports amounted to $26.55 billion, while imports stood at $21.06 billion. The positive trade balance was $5.50 billion, according to the State Customs Committee (SCC).
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The final investment decision (FID) for the construction of the Shafag Solar Power Plant (SPP), based on a feasibility study, is expected in 2025, BP Vice President for the Caspian Region Bakhtiyar Aslanbayli told journalists on Friday.
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BP Plc plans to start gas production from the deep gas reservoirs of the Azeri-Chirag-Gunashli (ACG) block by the end of 2025, BP-Azerbaijan's head of press service, Tamam Bayatly, told reporters.
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In a strategic move to bolster innovation and technological advancement, Azerbaijan’s İRİA (Innovation and Digital Development Agency) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU). The agreement aims to deepen economic, industrial, scientific, and technological collaboration between the two countries.
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