Gazprom Opens Representative Office in Azerbaijan - Issue Coordinated by Board of Directors
Baku / 25.09.17 / Turan: The Board of Directors of Gazprom on October 2 in an absentia form will agree on the opening of a representative office of the Russian company in Azerbaijan, Interfax reported. The purpose of opening a representative office is not reported.
Gazprom supplied gas to Azerbaijan from 2000 to 2006. Then supplies were stopped in connection with the launch of the Shah Deniz field.
In 2010, Azerbaijan started gas deliveries to Russia. This gas was supplied to the Dagestan autonomous republic. In 2013 and 2014, Azerbaijani gas supplies to Russia were repeatedly interrupted in connection with repair work. In 2015, no deliveries were made. In 2015, there were attempts to adjust the supply of Russian gas to the Azerbaijan Methanol Plant (AzMeCo). Negotiations on the supply of Russian gas to Azerbaijan are also conducted with the State Oil Company of Azerbaijan (SOCAR). -06D--
Energy
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In 2023, Azerbaijan produced 4 million 369.8 thousand tons of fuel (automotive gasoline, diesel fuel, and aviation kerosene), whereas last year the total volume amounted to only 3 million 906.9 thousand tons. Over the past year, fuel production in the country decreased by 462.9 thousand tons, or by 10.6%.
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According to preliminary data, in the past year, Azerbaijan's gross domestic product (GDP) amounted to 126.3 billion manats (approximately $74.3 billion at the current exchange rate), a 4.1% increase compared to 2023, the monthly report by the State Statistical Committee of the Republic of Azerbaijan.
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In 2024, the total volume of oil and condensate production in Azerbaijan amounted to 29 million 63 thousand tons, the monthly report by the State Statistical Committee of the Republic of Azerbaijan.
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The Trans Adriatic Pipeline (TAP AG) consortium has developed a roadmap for preparing to transport hydrogen, according to TAP AG. “TAP’s goal is to develop infrastructure for hydrogen transportation. We have defined a roadmap for preparing for the medium- and long-term transportation of natural gas and hydrogen blends, as well as renewable gases. A preliminary study in 2021 confirmed the potential of TAP for transporting hydrogen mixtures in the future. Currently, we are conducting pipeline material tests at an international laboratory. The results of the first tests were received in the fourth quarter of 2024 and are now under evaluation. The next round of tests has already begun, and results are expected in 2025,” said the consortium.
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