Azerbaijani gas exports to Türkiye will be suspended for several days

SOCAR may start selling petroleum products produced in third countries to Pakistan at competitive prices this year, a source in the government of Azerbaijan said.

In January-June of this year, 2 million 726.68 thousand tons of gas condensate were produced in Azerbaijan, by 7.4% more than in the first half of last year.

“Azercontract” OJSC completed last year with a net profit of 41 million 703 thousand manats. The state-owned company completed 2022 with a net profit of 148 million 104 thousand manats. Thus, the net profit of “Azercontract” in 2023 decreased by 106 million 401 thousand manats or 71.2% compared to 2022.

Last Friday, the Ministry of Energy of Azerbaijan held a regular meeting of the Commission established by the relevant decree of the President of the country "On additional measures for the implementation of projects in the field of renewable energy sources", the press service of the Ministry of Energy.