Energy - 2020
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Net profit of the State Oil Company of Azerbaijan (SOCAR) in 2019 amounted to 651 million manat compared to 1.224 billion manat in 2018, follows from the company's consolidated financial report for 20...
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Baku/29.06.20/ Turan: The range of polypropylene homopolymer (HOMO) manufactured by SOCAR Polymer LLC, a resident of Sumgait Chemical Industrial Park, ranks first in importing this type of product in...
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Baku/29.06.20/ Turan: The volume of refined oil in Azerbaijan announced. According to the Ministry of Energy of the Azerbaijan Republic, over 5 months of 2020, 2.5 million tons of oil was processed in...
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Baku/29.06.20/ Turan: Azerbaijan TPP is the only power station operating in the country that can operate on fuel oil. This was stated by Deputy Vice President of Azerenerji OJSC Vugar Shahmuradov.Acco...
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Baku/29.06.20/ Turan: The Hungarian GTS Operator (FGSZ) stated that an investment decision was made to build a connecting gas pipeline from Serbia by October 2021, through which gas from the Turkish S...
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Baku/29.06.20/ Turan: Gazprom found itself in a particularly difficult situation; deliveries fell significantly amid falling prices. In addition, at the beginning of 2020, an excess of LNG was observe...
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Baku/29.06.20/ Turan: In July, the export of Russian Urals oil is planned in the amount of 785 thousand bpd, which is 40% less than in June, the Bloomberg agency reports citing sources familiar with t...
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Baku/29.06.20/ Turan: A new, third in terms of reference grade of oil has appeared in the world, Reuters writes. It is the American grade U.S. Gulf Coast Select, mined on the Gulf of Mexico.Quotations...
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Baku/29.06.20/ Turan: The International Monetary Fund (IMF) raised its forecast for oil prices in 2020 and 2021 to 36.18 US dollars and 37.54 US dollars, respectively, in connection with the pandemic...
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Baku/26.06.20/ Turan: Deliveries of Azerbaijani gas from the Shah Deniz field to Turkey via the Trans-Anatolian gas pipeline (TANAP) from June 2018 to the end of May 2020 amounted to 5.47 billion cubi...
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Baku/26.06.20/ Turan: Gas production in Azerbaijan in January-May 2020 amounted to 16.4 billion cubic meters, an increase of 13.6% compared to the same period last year, the Azerbaijani Energy Ministr...
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Baku/26.06.20/ Turan: Reconstruction of the Azerbaijan Thermal Power Plant (TPP) made it possible to restore the "lost" energy capacities of 600 MW and bring the station's capacity to the project 2,40...
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Baku/26.06.20/ Turan: “In connection with the election of Ravil Maganov to the post of chairman of the Board of Directors of PJSC LUKOIL, Vadim Vorobyov has been appointed as the first executive vice...
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Baku/26.06.20/ Turan: US oil production this year due to low prices will decrease by 1.5-2 million bpd, ex-head of BP oil and gas company Robert Dudley said during the 24th Annual Russian Conference o...
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Baku/26.06.20/ Turan: SOCAR plans to send a new batch of Azerbaijani oil to Belarus this week.“We plan on June 25-26 to send a shipment of oil to Belarus from the Georgian port of Supsa,” Ibrahim Ahme...
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Baku/26.06.20/ Turan: The Canadian company Zenith Energy has completed the transfer of the State Oil Company of Azerbaijan (SOCAR) to the contract rehabilitation area on the Muradkhanli-Jafarli-Zardab...















