Energy - 2017
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Baku/25.12.17/ Turan: Surplus of world oil reserves decreased from 340 million barrels in early 2017 to 140 million barrels by the end of the year, Russian Energy Minister Alexander Novak said in an i...
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Baku / 22.12.17 / Turan: Azerbaijan attracted a syndicated loan for $524.5 million to support the development of the Shah-Deniz-2 gas field. The signing of a loan and guarantee agreement on the prov...
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Baku/22.12.17/ Turan: SOCAR and Norwegian Statoil have agreed on cooperation in the field of exploration, development and sharing of production from a number of promising areas in the Caspian Sea and...
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Baku/22.12.17/ Turan: Gas production from the Absheron field in the Azerbaijani sector of the Caspian Sea at the first stage will amount to 1.3 bcm, and at the second stage it will increase to 4 bcm....
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Baku/22.12.17/ Turan: Spanish Tecnicas Reunidas, which became a contractor of SOCAR for the reconstruction of the Baku Refinery named after H. Aliyev (BNPZ - local abbreviation ), will receive about $...
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Baku/22.12.17/ Turan: More than 80% of pipes have been laid on the Greek-Albanian section of the Trans Adriatic Pipeline (TAP), designed to supply Azerbaijani gas to Europe.According to the TAP consor...
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Baku/22.12.17/ Turan: On December 19, the daily export of gas amounted to 640 mcm, which is 3.6 mcm higher than the previous record set on January 27 this year.Demand for Russian gas is growing. In pa...
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Baku/22.12.17/ Turan: Over 600 kilometers of the Turkish Stream gas pipeline have been laid over two strings. This was said by the official representative of Gazprom, Sergei Kupriyanov."More than 600...
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Baku/22.12.17/ Turan: Gazprom expects annual exports to Europe in the amount of 188 bcm of its gas in the period until 2020, Bloomberg reports, referring to the company"s approved budget. In 2016, Gaz...
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Gas production from the Absheron field in the Azerbaijani sector of the Caspian Sea at the first stage will amount to 1.3 bcm, and at the second stage it will increase to 4 bcm. This follows from the...
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Oil is often called black gold. It's all about the value of the mineral, and the countries in the bowels of which there is oil, have always been considered one of the richest and most prosperous. True...
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Baku/20.12.17/ Turan: "Since December 15, Shymkent Oil Refinery (Petro Kazakhstan Oil Products, PKOP) has switched to the production of diesel fuel of the ecological class Euro-4 and Euro-5 according...
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Azerbaijan"s state oil company SOCAR has signed an EPC (Engineering, Procurement and Construction) contract with Spanish engineering company Tecnicas Reunidas for reconstruction of units at the Heydar...
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Baku/20.12.17/ Turan: The Georgian company Comfortmensheni XXI LLC completed the construction of a 19-kilometer section of the East-West gas main - from the Red Bridge on the border with Azerbaijan to...
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Baku/20.12.17/ Turan: The Organization of the Petroleum Exporting Countries (OPEC) has improved its forecast for Azerbaijan regarding the rate of decline in oil production.According to information fro...
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SOCAR Energy Holdings (the Swiss subsidiary of Azerbaijan"s state oil company SOCAR) has purchased the filling stations network owned by Austria"s A-1 company, said a message posted on SOCAR"s officia...



