Energy - 2018
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Baku/31.08.18/ Turan: As the timing of the imposition of US sanctions on Iran approaches, Iran reduces oil supplies to the world market at a faster rate than expected, The Wall Street Journal writes.I...
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Baku/31.08.18/ Turan: SOCAR Petroleum (SOCAR subsidiary) has increased the number of petrol stations under the SOCAR brand in Azerbaijan to 28, SOCAR Petroleum reported."The commissioning of a new fil...
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Baku/31.08.18/ Turan: AzerGold CJSC is completing the work on preparing a contract for the sale of gold produced by the company to the State Oil Fund of Azerbaijan (SOFAZ), AzerGold head Zakir Ibrahim...
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Baku/31.08.18/ Turan: Minsk is interested in the development of hydrocarbon deposits on the Caspian shelf, Prime Minister of Belarus Sergei Rumas said."Our company Belorusneft, which has extensive exp...
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Baku/31.08.18/ Turan: Kazakhstan has no problems with oil exports, said Magzum Mirzagaliyev, Vice Minister of Energy of Kazakhstan."Kashagan plans to produce 12 million tons of oil in 2018. And this,...
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Baku/31.08.18/ Turan: The Nord Stream 2 project"s pipeline company Nord Stream 2 AG has begun preparatory work for the construction of the pipeline. This was said by the company"s press service on Aug...
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The German energy concern Uniper does not intend to leave the Nord Stream-2 project, Christopher Dellbrück, the company's CFO, said in response to DW's request on Thursday, August 30."Uniper will rema...
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Baku/31.08.18/ Turan: The main Venezuelan terminal for oil exports, the Jose Offshore Oil Platform, will be closed for repairs about 27 days after a tanker crashed into the southern dock last weekend,...
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Baku/29.08.18/ Turan: Currently 72% of the territories along the Trans-Adriatic Pipeline (TAP) are reset, the TAP AG consortium said."Reconstruction works are in full swing: 550 kilometers, or 72 perc...
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Baku/29.08.18/ Turan: Azerbaijan imported 32,124.52 tons of Premium Euro-95 gasoline in the first half of 2018 for the amount of $ 23 million 532 thousand.According to the State Statistics Committee's...
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Baku/29.08.18/ Turan: Incomes of the State Oil Fund of Azerbaijan (SOFAZ) in 2001-2017 amounted to $ 137.87 billion, the Fund's annual report for 2017 says.According to the report, 74% of the funds re...
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Baku/29.08.18/ Turan: The State Oil Fund of Azerbaijan (SOFAZ) reduced the portfolio of investments in deposits in foreign and local banks by 43.2% in 2017 - up to 2 billion 134.556 million manat, acc...
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Baku/29.08.18/ Turan: As of January 1, 2018, the volume of assets of the State Oil Fund of Azerbaijan (SOFAZ), managed by foreign managers, was $ 4 billion 70 million or 11.4% of the Fund's investment...
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Baku/29.08.18/ Turan: Azerbaijan increased electricity export 1.9 times in the first half of 2018, and import - by 5.2%. This is reported in the trade report of the State Statistics Committee.Accordin...
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Baku/29.08.18/ Turan: At the first offshore field in Kashagan, developed by the consortium North Caspian Operating Company NV in the Atyrau region, 17.5 million tons of oil was extracted, Kazinform re...
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Representatives of ENI International B.V. paid a visit to Kargaly district of Kazakhstan"s Aktobe region, Kapital.kz reported citing Kazakh Invest national company.The construction of a 50 MW wind pow...










