Energy - 2023
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Yesterday, the State Oil Company of Azerbaijan has opened a representative office in Ashgabat. The opening ceremony was attended by Chairman of the SOCAR Supervisory Board, Azerbaijani Economy Ministe...
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In January-September 2023, Azerbaijan became the fifth largest supplier of pipeline gas to the European Union (EU.) According to the Statistical Office of the European Union (Eurostat), over 9 months...
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Within the framework of a working visit to Turkmenistan, Azerbaijani Economy Minister Mikail Jabbarov held a number of meetings, the Ministry of Economy of the Republic of Azerbaijan reports. The step...
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Experts estimate at $1 billion the cost of projects for the construction of three power plants - two solar (SPP) and one wind (WPP), which “Masdar” company from the UAE plans to implement in Azerbaija...
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Daily oil production at the Tengiz field has been reduced to 39 thousand tons due to weather conditions and restrictions on oil intake at the Caspian Pipeline Consortium (CPC), Advisor to the Minister...
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Yesterday, the European Commission (EC) announced its proposal to extend for one year emergency measures in the energy sector in the European Union. “These measures were introduced last year to solve...
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OPEC+ countries, following the results of the postponed meeting to be held on November 30, will extend the existing restrictions on oil production with minimal changes until the end of the first quart...
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Following Tuesday's trading results, exchange prices for gas in Europe dropped by 1.5%, to $ 490 per thousand cubic meters, data from the London ICE exchange.
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Hungary intends to invest in the green energy sector of Azerbaijan, Peter Szijjarto, Hungarian Minister of Foreign Affairs and Trade said in an interview with AzTV. According to him, Azerbaijan ha...
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From the moment of commissioning until the end of October this year, about 8.2 bcm of gas were produced at the “Umid” gas condensate field located in the Azerbaijani sector of the Caspian Sea. Accordi...
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In accordance with the strategy of President Ilham Aliyev to turn the liberated territories into a green energy zone, “Azerenergy” OJSC has reconstructed and commissioned 6 small Hydroelectric Power P...
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In January-October, 2023, “Azerenergy” exported 3 billion 410 million kWh of electricity. The cost of electricity in this volume amounted to $ 348.12 million, the monthly report of the State Customs C...
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President of Uzbekistan Shavkat Mirziyoyev took part in the first summit of the UN Special Program for the Economies of Central Asia (SPECA) in Baku on November 24, the press service of the head of st...
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The world's largest solar power plant was launched 35 km from Abu Dhabi, the press service of the Emirati company “Masdar”, participating in the project. The solar power plant has 4 million double-...
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There is close cooperation between Russian and Turkish companies on the gas hub; the Turkish delegation is planning a visit to St. Petersburg; agreements on the practical implementation of the project...
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Unified Accumulative Pension Fund (UAPF) Kazakhstan may invest in bonds of the state Fund "Samruk-Kazyna" and the state holding "Bayterek" for 1.5 trillion tenge ($3.25 billion at the current exchange...















