Energy - 2019
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Baku/30.10.19/ Turan: The fiscal breakeven oil price for Azerbaijan in 2019 will be $ 52 per barrel, and in 2020 - $ 53.4.According to the IMF, in 2018 this figure was $ 56.2.“Breakeven price” is the...
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Baku/30.10.19/ Turan: Gas prices in Europe may drop to a minimum, the analyst at the Oxford Institute for Energy Studies (OIES) Mike Fulwood said.Already in the third quarter of this year, due to the...
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Baku/30.10.19/ Turan: The US often increases its share of the world market not so much by economic as by political methods, including through sanctions, said Igor Sechin, Rosneft’s Chief Executive Off...
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Baku/30.10.19/ Turan: The base profit of BP in the third quarter of 2019 amounted to $ 2.3 billion compared to $ 3.8 billion a year earlier. This was reported in the BP report for 9 months.This result...
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Baku/30.10.19/ Turan: Gazprom has completed the gas filling of the Power of Siberia gas export pipeline to China, the information department of the Russian concern reports."Gas from the Chayanda field...
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Baku/30.10.19/ Turan: A new mentoring program introduced by BP in universities will be an excellent opportunity for students to acquire the necessary business skills in work. This was reported by Narm...
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Baku/30.10.19/ Turan: The Azerbaijani government plans to maintain transfers from the State Oil Fund (SOFAZ) to the state budget at the level of 11 billion 350 million manat in 2020-2023.According to...
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Azerbaijan is a petroleum country, proud of supplying Europe with oil and gas. “Why cannot Azerbaijan provide its specialists with such a job, so that they do look for it abroad?” asked a resident of...
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Baku/28.10.19/ Turan: Options for future deliveries of Turkmen natural gas to Europe were discussed in Ashgabat at a meeting of representatives of the European Commission (EC) and the World Bank (WB)...
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Baku/28.10.19/ Turan: Shipments of the first batches of urea produced at the SOCAR Carbamide Plant, intended for Latin America, began.According to the information, ADY Express LLC (a subsidiary of Aze...
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Baku/28.10.19/ Turan: Azalternativenerji LLC will receive 437,483 manat in a tender concluded with the Ministry of Energy of Azerbaijan.According to the materials of the website www.tender.gov.az, Aza...
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Baku/28.10.19/ Turan: In 2020, BP will begin drilling two exploratory wells in the shallow water of the Absheron Archipelago, Bakhtiyar Aslanbeyli, Vice President of BP for Public Relations, External...
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Baku/28.10.19/ Turan: The assets of the State Oil Fund of Azerbaijan (SOFAZ) increased by 10.4% to $ 42 billion 524.4 million in January-September 2019.According to the Fund’s report, the growth of as...
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Baku/28.10.19/ Turan: After the State Oil Company of Azerbaijan successfully completed the construction of an ultramodern refinery in neighboring Turkey for $ 6.3 billion a year ago, and also in May t...
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Baku/28.10.19/ Turan: Climate change is a global threat; therefore Azerbaijan supports international efforts to combat its consequences. The President of Azerbaijan Ilham Aliyev said this at the end o...

