Energy - 2024
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From January to October of this year, Azerbaijan exported 89,712 tons of crude oil to France, valued at $57.085 million, the monthly report of the State Customs Committee of Azerbaijan.
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From January to September 2024, Azerbaijan exported 8.462 bcm of gas to Türkiye, the monthly report of the Energy Market Regulatory and Control Authority of Türkiye (EPDC). According to the report, t...
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In the first ten months of 2024, Azerbaijan exported 1.733 billion kWh of electricity, valued at $93.561 million, the monthly report of the State Customs Committee of Azerbaijan. According to the repo...
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In the period from January to October 2024, gas production in Russia increased by 8.2%, reaching 578.2 bcm. “Gazprom” increased its production by 13%, reaching 370 bcm, the monthly report of Rosstat.
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Russia discussed with Kazakhstan the creation of new routes for transporting oil and gas through its territory, primarily to China, Russian President Vladimir Putin said yesterday after a Collective S...
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The transshipment of export oil at the port of Aktau (Kazakhstan) reached more than 3.1 million tons in January-October 2024. Of this, 1.6 million tons were shipped to the Makhachkala port, and 1.2 mi...
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The UAE's state oil company, Abu Dhabi National Oil Co. (ADNOC), is creating a new division focused on investments in natural gas, the chemical industry, and low-carbon energy solutions. According to...
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In an interview with the “Financial Times”, the European Central Bank (ECB) President Christine Lagarde has called on European political leaders to work with U.S. President-elect Donald Trump on trad...
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Key OPEC+ countries have begun discussions about the potential delay of the planned oil production increase, which was scheduled for January. This delay could last several months, according to Bloombe...
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Kazakhstan is exploring the possibility of increasing its annual oil shipments through the Baku-Tbilisi-Ceyhan (BTC) pipeline from the current 1.5 million tons to 20 million tons,
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Southern Gas Corridor does not transport Russian gas to the EU, the European Commission's (EC) climate and energy representative, Tim McPhee, said in response to unfounded claims directed at Baku reg...
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The share of the non-oil and gas sector in Azerbaijan’s Gross Domestic Product (GDP) is expected to rise from 68% to 71.3% by 2025, the Chairman of the Parliamentary Committee on Economic Policy, Ind...
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Azerbaijan’s oil production in 2024 is projected to be 29.2 million tons, said Economy Minister Mikayil Jabbarov during the discussion of the 2025 state budget in the Milli Majlis (Parliament).
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The first container train has been launched from Baku through the ferry to Kazakhstan and onward to Xi'an, China. The train, consisting of 62 containers with petroleum coke, will reach its destination...
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BP Azerbaijan announced that Chingiz Hajiyev has been appointed Vice President for Business Development in the Caspian Region, effective January 2025. In his new role, Hajiyev will become a member of...
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Azerbaijan has initiated budget reforms as part of its efforts to combat climate change and protect the environment, Finance Minister Samir Sharifov announced during a plenary session of the Milli Maj...















