Energy - 2021
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SOCAR Midstream Operations LLC (a subsidiary of SOCAR/ SOCAR) has become a full-fledged technical operator of the South Caucasus Pipeline Trunk Line (SCPTL) since August 1, 2021, a statement on SOCAR'...
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Baku/02.08.21/SOCAR exported 583, 290 tons of oil via the Baku-Novorossiysk oil pipeline in January-July 2021 as compared to about 30, 000 tons for the same period in 2020, according to the data of th...
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Following the results of the first half of the year, receipts to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable gas and condensate produced from the Shah Deniz field amounted to...
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Azerbaijan exported 4 billion 355.72 million cubic meters of gas from the Shah Deniz field to Turkey in January-May 2021.According to the monthly report of the Turkish Energy Market Regulatory Board (...
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Since July 31, Premium Euro-95 gasoline in Azerbaijan has risen in price by 3.57%. The cost of one liter of Premium Euro-95 gasoline increased from 1.4 to 1.45 manats per liter.It should be noted that...
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Azerbaijan's strategic foreign exchange reserves are estimated at $ 52.2 billion, Chairman of the Board of the Central Bank Elman Rustamov said at a press conference.According to him, the growth of re...
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The surplus of the current account of the balance of payments of Azerbaijan by the end of 2021 can reach $ 3.1 billion with an average oil price of $ 65 per barrel, said the chair of the board of the...
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The duty on oil exports from Russia from August 1 will increase by $ 6.3 - up to $ 67.8 per ton, the documents of the Ministry of Economic Development of the Russian Federation.The average price for U...
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Russia and the UAE have agreed to create a joint working group on hydrogen energy, the Ministry of Energy of the Russian Federation reports."During the consultations, the parties confirmed their mutua...
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Kiev is not considering the option of purchasing gas in Russia, said the head of the board of NJSC Naftogaz, Yuri Vitrenko."We do not consider such an option at all; we do not talk about it with anyon...
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Russia and Turkey are negotiating to conclude a long-term agreement on gas transit, Russian Deputy Prime Minister Alexander Novak told reporters."The working group within the framework of the Russian-...
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Proceeds to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil from the Azeri-Chirag-Guneshli (ACG) block amounted to $ 2 billion 354.1 million.In January-June 2020, the country'...











