Energy - 2022
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On March 15, President of Azerbaijan Ilham Aliyev took part in the ceremony of laying the foundation of the Garadagh solar power plant (SPP), the official website of the head of state reports. The pla...
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Azerbaijan sets the task of becoming a major producer and exporter of electricity, President Ilham Aliyev said. “I would like to note that very important steps have been taken in the energy sector thi...
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Azerbaijan and the UAE agreed to expand cooperation in the energy sector, for this purpose 4 documents were signed in Baku yesterday.In particular, the following were signed: Memorandum of Understandi...
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The government of Azerbaijan and the “Masdar” company (UAE) will study the possibility of building a wind farm in Karabakh and East Zangezur, Energy Minister Parviz Shahbazov said.“The Memorandum of U...
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The export of Azerbaijani gas from the Shah Deniz field in January-February 2022 amounted to 3 billion 269.8 mcm, which is 9.3% higher than the same period last year.According to the monthly report of...
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New EU sanctions against Russia provide for a ban on new investments in the energy sector of the Russian Federation. However, exceptions are made for peaceful atom and transportation of energy resourc...
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From April 1, 2022, the export duty on oil in the Russian Federation will increase by $2.9 - to $61.2 from $58.3 per ton in March, according to materials on the website of the Ministry of Finance of t...
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In February, OPEC countries increased oil production by 440 thousand barrels per day compared to January - up to 28.5 million barrels per day, while OPEC countries participating in the OPEC + agreemen...
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Gas futures in Europe fell by 1.8% at auction on Tuesday, closing at $1,279.6 per 1,000 cubic meters, according to the London ICE exchange.The cost of gas in Europe has recently shown strong volatilit...
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On March 15, world oil prices fell below $100 per barrel.May futures for Brent oil closed yesterday at $98.60 per barrel. In two days, the price of oil fell by $14.07 per barrel, or 12.49%.Oil prices...









