Energy - 2021
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The volume of Azerbaijani gas exported through the Southern Gas Corridor (SGC) in 10 months of 2021 exceeded 14 bcm, Azerbaijani President Ilham Aliyev said."From January to October 31, 2021, i.e. ove...
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Azerbaijan will increase oil production in December 2021 within the framework of the OPEC + deal by 7 thousand bpd.Azerbaijan supported the decision of the OPEC + ministers at the 22nd meeting to incr...
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Azerbaijan said that potential new buyers of natural gas from Europe approached it after a sharp rise in fuel prices. Governments and companies in eastern and southern Europe have expressed interest i...
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In January-September 2021, 16 bcm of gas were produced from the Shah Deniz field in the Azerbaijani sector of the Caspian Sea, which is 20.3% higher than the same period last year, the quarterly repor...
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Oil production at the Azeri-Chirag-Guneshli (ACG) block of fields in January-September 2021 amounted to about 126 million barrels (17 million tons).According to the quarterly report of BP Exploration...
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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 and condensate from the Shah Deniz field in January-October 2021 amounte...
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The choice of a producer of renewable energy sources (RES), the allocation of territories for this and other conditions are the prerogative of the President of Azerbaijan, the decision of the Cabinet...
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The OPEC + ministers decided to keep the plan to increase oil production in December, according to the final release following the ministerial meeting.Taking into account the current fundamental indic...
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OPEC is expecting a surplus in the oil market from the first quarter of 2022.According to the Minister of Oil and Higher Education of Kuwait, Mohammed Al-Fares, according to all forecasts, the oil mar...
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The oil market is recovering, but still under pressure, reserves are growing, Russian Deputy Prime Minister Alexander Novak told reporters. He noted that although OPEC + is increasing production, ther...









