Croatia becomes importer of Azerbaijani gas

A fire occurred on Offshore Platform No. 4 of the “28 May” Oil and Gas Production Department of SOCAR. According to the report from the “Azneft” Production Association, the incident happened on the evening of September 2. Firefighting vessels were promptly dispatched to the site, preventing the spread of the fire, which was fully extinguished.

From January to August 2024, the State Oil Fund of Azerbaijan (SOFAZ) received $4.2716 billion in income from the development of the Azeri-Chirag-Guneshli (ACG) oil fields in the Azerbaijani sector of the Caspian Sea. This is $456.4 million, or 9.7%, less than the income for the same period in 2023.

From January to August 2024, the State Oil Fund of Azerbaijan (SOFAZ) received $364.465 million from the development of the “Shah Deniz” field in the Azerbaijani sector of the Caspian Sea. According to the SOFAZ report, this amount is $818.535 million, or 3.2 times less than the income for the same period in 2023.

On September 2, the hydroelectric power plant (HPP) “Yukhari Veng” on the Terter River in the Kalbajar  region was officially opened with the participation of Azerbaijani President Ilham Aliyev and First Lady Mehriban Aliyeva. According to OJSC “Azerenergy,” which owns the new HPP, the new generating facility, with a capacity of 22.5 MW, will fully meet the electricity needs of the Kalbajar region throughout the year for the next 5 years.