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Plans for oil and gas production in Azerbaijan for 2023 have been announced
Baku/24.02.23//Turan: It is planned to produce 33.4 million tons of oil and 47.2 bcm of gas in Azerbaijan this year, the Minister of Energy of Azerbaijan Parviz Shahbazov said. According to him, it is planned to allocate 24.5 bcm of gas for export.
"Azerbaijan's new energy projects will further increase the volume of exported petroleum products. The Southern Gas Corridor has great potential in ensuring the energy security of Europe and plans to increase the capacity of this corridor will be implemented," he said.
By the end of 2022, oil production in Azerbaijan amounted to 32.6 million tons (together with condensate). Exports accounted for over 26 million tons of oil, which is 1.09 million tons less than in 2021. In addition, in 2022, Azerbaijan as a whole produced 46.7 bcm of gas, of which 34.5 bcm were commodity volumes. Last year, Azerbaijan exported 22.3 bcm of gas. -0-
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- Politics
- 24 February 2023 15:10
Energy
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"As far as I know, COP29 was the first global climate change event , but the President of the European Commission did not attend it, although the Commission’s President had confirmed participation a couple of months before the event," said President Ilham Aliyev in an interview with Azerbaijani TV channels on January 7.
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"This year, we hope to receive the first gas from the ‘deep’ gas project at “Azeri-Chirag-Guneshli” (ACG),” President of Azerbaijan Ilham Aliyev said on January 7 in an interview with local TV channels. According to him, this will be a significant contribution to Azerbaijan’s overall gas production.
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The total volume of Azerbaijani gas transported via the TANAP pipeline to and then to Europe (via the TAP pipeline) by January 1, 2025, amounted to 73.54 bcm, Elchin Ibadov, CEO of SOCAR Turkiye Enerji, reported at a press conference in Istanbul. "The total commercial gas volume delivered to Türkiye was 30.8 bcm, and to Europe – 42.74 bcm," Ibadov explained.
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In 2024, 550 million kWh of "green energy" was produced in Karabakh and Eastern Zangezur, the Azerbaijan Energy Company (Azərenerji) reported.
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