Energy - 2021
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The oil market will remain in a moderate deficit, despite the decision of OPEC + to increase production, which will allow maintaining acceptable oil prices for producers at $ 50-60 per barrel, Dmitry...
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At the end of last week, market participants accepted the decision of the OPEC + countries to increase gradually production from May as a positive signal. This gives the alliance members confidence in...
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Gazprom doubted the efficiency of green energy. According to the first deputy chairman of the corporation, Oleg Aksyutin, renewable energy sources (RES) are inferior in reliability to traditional oil...
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The construction of a hydroelectric power station in Georgia on the Rioni Namakhvani River, which promises to become the largest in the country after the Inguri hydroelectric power station, has been s...
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President of Azerbaijan Ilham Aliyev signed an order on measures to implement a pilot project for the construction of a solar power plant with a capacity of 230 MW.According to the decree, the Cabinet...
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Income to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil from the Azeri-Chirag-Guneshli (ACG) block and condensate from the Shah Deniz field in January-March 2021 amounted to...
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The average price of Azerbaijani oil on CIF delivery terms (the cost of oil includes transportation costs to the destination indicated by the buyer - Turan) in the first quarter of 2021 was $ 61.6 per...
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Azerbaijan's strategic reserves as of March 1, 2021 exceed $ 51 billion, Minister of Economy Mikail Jabbarov said."As of March 1, 2021, Azerbaijan's strategic reserves exceed $ 51 billion, which is eq...
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Azerbaijan exported 169.45 thousand tons (1.25 million barrels - Turan) of oil via the Baku-Novorossiysk oil pipeline in the first quarter of 2021, according to the operational report "Central Dispatc...








