Energy - 2020
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Baku/15.04.20/ Turan: The cost of futures for Brent crude oil for delivery in June 2020 on the ICE exchange in London fell by 5.5% to $ 29.94 per barrel, according to trading data at 19:27. The last t...
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Baku/15.04.20/ Turan: The International Monetary Fund (IMF) amid the spread of the Corona Virus COVID-19, as well as low energy prices, predicts a recession in the economy of Azerbaijan in 2020 at 2.2...
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Baku/15.04.20/ Turan: Azerbaijan’s losses from low oil prices could reach up to $ 1 billion, President Ilham Aliyev said."If the oil price does not rise to the desired level, we will have additional l...
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Baku/15.04.20/ Turan: The Azerbaijani government should find additional sources of income to meet the budget and needs of the country. President Ilham Aliyev instructed the government on this issue th...
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Baku/15.04.20/ Turan: Oil production in Azerbaijan in the 1st quarter of 2020 decreased by 4.1% compared to the same period last year - to 9 million 305.012 thousand tons. This was reported by SOCAR o...
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Baku/15.04.20/ Turan: In January-March 2020, Ukraine increased the import of oil and crude oil by 22.7% compared to the same period in 2019 - up to 180.673 thousand tons.According to the State Customs...
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Baku/15.04.20/ Turan: In the first quarter of 2020, Azerbaijan exported 3 billion 536.763 million cubic meters of gas. SOCAR distributed a message about this.It should be noted that in January-March 2...
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Baku/15.04.20/ Turan: On April 13, Azerbaijani Prime Minister Ali Asadov signed a decree providing for an increase in the preferential limited amount of electricity from 300 to 400 kW / h for the popu...
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Baku/15.04.20/ Turan: Energy consumption in the Russian Federation for the first 12 days of April, when the "self-isolation" regime began to operate, fell by 5%, Russian President Vladimir Putin said...
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Baku/15.04.20/ Turan: The market is still full of oil, and its oversupply is estimated at 25 million barrels per day, the head and co-owner of Gunvor Thorbjorn Tornqvist told Bloomberg.According to hi...
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Baku/15.04.20/ Turan: The restoration of economic activity in China after the Corona Virus outbreak contributed to an increase in oil demand, but analysts warn that this will not be enough to eliminat...
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Baku / 15.04.20 / Turan: In the 1st quarter of 2020, Azerbaijan produced 9.305 million tons of oil along with condensate compared to 9.694 million tons in January-March 2019, according to the State Oi...











