Energy - 2020
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Baku/17.04.20/ Turan: Assets of the State Oil Fund of Azerbaijan (SOFAZ) at the end of the 1st quarter of 2020 amounted to $ 41 billion 349.5 million, the press service of SOFAZ said.According to the...
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Baku/17.04.20/ Turan: Capital investments in fixed assets in Azerbaijan in the first quarter of 2020 amounted to 2 billion 929.4 million manat, which is 6.5% more than in January-March 2019.According...
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Baku/17.04.20/ Turan: OPEC predicts the average daily oil production in Azerbaijan in 2020 at the level of 700 thousand barrels, the cartel’s report said in April.“The average daily oil production in...
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Baku/17.04.20/ Turan: Deliveries of Azerbaijani gas from the Shah Deniz field to Turkey via the TANAP gas pipeline from June 30, 2018 to March 31, 2020 amounted to about 5 billion cubic meters.The Min...
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Baku/17.04.20/ Turan: The total gas production from the Shah Deniz field in 2006-2020 amounted to 121.5 billion cubic meters, the Azerbaijani Energy Ministry said.“121.5 bcm of gas and 29 million tons...
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Baku/17.04.20/ Turan: The conclusion of a new agreement to reduce oil production under OPEC + will not save the Russian budget from a sharp collapse in financial revenues from oil exports, Bloomberg w...
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Baku/17.04.20/ Turan: Kazakhstan will reduce oil production by 390 thousand barrels per day. The country assumed such obligations for a period of two months under the OPEC + agreement.“We welcome the...
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Baku/17.04.20/ Turan: Against the backdrop of the Corona Virus pandemic, OPEC has changed its forecast for the dynamics of oil demand in the world: instead of a slight increase - by 0.06 million barre...
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Baku/17.04.20/ Turan: In 2020, world oil demand will decrease compared to 2019 by a record 9.3 million barrels to 90.5 million barrels per day - even if countries remove restrictions on movement in th...








