Energy - 2018
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Baku/24.12.18/ Turan: Oil prices for the week fell by almost 11% - this is one of the largest weekly collapses in three years. Brent quotes fell to a minimum since July 2017, below $ 53 a barrel (up t...
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Baku/24.12.18/ Turan: In 2018, Gazprom has exported over 200 billion cubic meters (bcm) of gas to non-CIS countries. This was stated by Russian President Vladimir Putin.According to him, gas supply in...
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Baku/24.12.18/ Turan: From the New Year, three more utilities in the capital - gas, water and heating - will rise in price. The tariffs have been approved by the Department of Economic Policy and Deve...
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Baku/24.12.18/ Turan: The implementation of the Nord Stream 2 project is on schedule, and about 370 km of the gas pipeline have already been laid. This is stated in the message of the project operator...
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Baku/24.12.18/ Turan: In 2019, Belarus will buy gas in Russia at $ 127 per thousand cubic meters, and this price is fixed in the intergovernmental protocol of April 13, 2017, and also fixed in the pro...
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The consortium consisting of Snam (60 percent), Enagás (20 percent) and Fluxys (20 percent) has completed the acquisition of a 66 percent stake in DESFA, the national operator in the natural gas infra...
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BP and SOCAR Turkey, a subsidiary of the Azerbaijani state oil company SOCAR, signed a heads of agreement (HoA) to evaluate the creation of a joint venture that would build and operate a world-scale p...
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Baku/24.12.18/ Turan: SOCAR completed the first stage of the reconstruction and modernization of the Baku Oil Refinery named after Heydar Aliyev, said the head of the company Rovnag Abdullayev.On Dece...
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An administrative contract for direct grant awarding was signed between the Project Company ICGB AD and the Managing Authority of the Operational Program "Innovation and Competitiveness" 2014-2020 for...
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The olive trees near the Pipeline Receiving Terminal (PRT) of the Trans Adriatic Pipeline (TAP) have been removed to a nursery in Masseria del Capitano, Italy, Trend reports citing TAP AG consortium,...
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Baku/24.12.18/ Turan: Denis Manturov, Minister of Industry and Trade of Russia, in an interview with the Italian newspaper La Stampa, said that Russian gas supplies to European markets are very flexib...
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Baku/24.12.18/ Turan: The British oil company Harrington Petroleum Limited opened a branch in Azerbaijan, Trend reports with reference to the departmental newspaper of the Ministry of Taxes, Vergiler....
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The price of Brent crude fell to $ 53.73 a barrel at noon on December 21, according to international exchanges. Below $ 54, the price dropped for the first time since September 12, 2017.If the price o...
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Baku/19.12.18/ Turan: Azerbaijan exported 27 million 140 thousand tons of oil in January-October 2018, which is 0.2% lower than the same period in 2017, the monthly report of the State Customs Committ...
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Baku/19.12.18/ Turan: The export of Azerbaijani gas from the Shah-Deniz field in January-November 2018 amounted to 7,463.9 mcm, which is 12.6% higher than in the same period last year. This was report...
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Baku/19.12.18/ Turan: Oil production in Azerbaijan in January-November 2018 amounted to 35 million 467.2 thousand tons, which is 0.1% higher than last year.According to the State Statistics Committee...

