Energy - 2022
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On December 19, the EU countries agreed on a gas price ceiling at all European hubs in the amount of €180 per megawatt hour (about $2,000 per 1,000 cubic meters). The restriction will take effect from...
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The export of gas volumes declared at the customs from Azerbaijan in January-October 2022 amounted to 18 billion 379 million 849.22 thousand cubic meters, by 23.1% higher than over 10 months of last y...
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Increasing the capacity of the Trans-Anatolian gas pipeline (TANAP) requires a consensus between the parties concerned, the Minister of Energy and Natural Resources of Turkey, Fatih Donmez, said at a...
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In January-October 2022, Azerbaijan imported 92,233.13 tons of Premium Euro-95 motor gasoline, which is 28.7% lower than in 10 months of 2021.According to statistics, the cost of imported Premium Euro...
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SOCAR's SOCAR Methanol LLC produced 489.5 thousand tons of methanol in January-November 2022, by 43.3% higher than the same period of last year,the monthly report of the State Committee on Statistics...
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The Novorossiysk Sea Port has increased the export capacity of low-sulfur oil to 40 million tons, the second stage of expanding the port's capacity has begun - up to 52 million tons, announced the hea...
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The Caspian Pipeline Consortium (CPC), which has encountered significant technical problems this year, will under-fulfill its initial pumping plan by approximately 10%, the appeal of the general direc...
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The Ministers of Foreign Affairs of Turkmenistan and Saudi Arabia Rashid Meredov and Faisal bin Farhan Al-Saud, who arrived in Ashgabat on a working visit, discussed the prospects for trade and econom...
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Romanian “Romgaz” will buy up to 300 mcm of Azerbaijani gas from SOCAR in the first quarter of 2023. On December 16, 2022, SOCAR signed an agreement with “Romgaz S.A.” for the supply of Azerbaijani ga...
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On December 16, SOCAR (State Oil Company of Azerbaijan) signed an agreement with the Romanian “Romgaz S.A.” for the supply of Azerbaijani gas from 2023.According to SOCAR, as part of the agreement, fr...
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By 2037, Azerbaijan plans to create additional generating capacities from renewable energy in the amount of at least 6 GW, President Ilham Aliyev said.“Together with one of the strategic investors, we...
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President of Azerbaijan Ilham Aliyev announced Baku's plans to increase gas supplies in 2023 to 24 bcm, including to Europe - at least up to 11.6 bcm. “Last year, gas exports to Europe amounted to 8.2...
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The export of Azerbaijani gas volumes declared at the customs in January-November 2022 amounted to 18 billion 647 million 569 thousand cubic meters, by 2.1% higher than over 11 months of last year.Acc...
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President of Belarus Alexander Lukashenko said that the deadlines for the formation of a single gas market with Russia have been disrupted."Let me remind you that the union program for the formation o...
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World coal consumption in 2022 will surpass the nine-year-old record, exceed 8 billion tons for the first time, and demand will remain at such a high level until 2025 (8.221 billion tons), the report...
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President of Azerbaijan Ilham Aliyev, Prime Ministers of Romania -Nicolae Chuca, Georgia -Irakli Garibashvili and Hungary- Viktor Orban signed an "Agreement on strategic partnership in the field of de...















