Energy - 2022
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According to the results of January-March 2022, oil production with gas condensate in Azerbaijan amounted to 8 million 347.8 thousand tons, which is 5.3% lower than the same period last year. Accordin...
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For the entire period of development of the Shah Deniz gas condensate field from December 2006 to April 1, 2022, 163.97 bcm of gas and 36.94 million tons of condensate were produced, Rovshan Najaf, Fi...
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Work on the complete modernization of the Baku Oil Refinery (BOR) named after H. Aliyev is planned to be completed in 2026-2027, announced Deputy General Director of SOCAR Downstream Management, proj...
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In the first quarter of 2022, the production of oil products in Azerbaijan increased by 16.2% in monetary terms compared to the same period last year - up to 912.8 million manats ($536.9 million).Acco...
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Since April, Armenia has begun paying for the supply of Russian natural gas in rubles, the country's Minister of Economy Vagan Kerobyan said. According to him, pricing takes place in dollars, but paym...
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Gazprom's exports to non-CIS countries over 3.5 months decreased by 26.4% compared to the same period last year - to 44.6 billion cubic meters, the company said.Gazprom produced 155.9 billion cubic me...
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The construction of a new infrastructure for the export of Russian energy resources to Asian countries will require a long time and large investments, experts say.During a meeting with the government...
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Oil production in Kazakhstan in January-March 2022 amounted to 19.47 million tons, which is 8.6% more than a year earlier. This was reported by the Bureau of National Statistics of the Agency for Stra...
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Record prices for electricity and gas in Germany will continue to rise in the coming months, the dpa agency, citing estimates from the consumer portal Verivox.According to him, electricity suppliers...
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Italian Prime Minister Mario Draghi has named another way to increase sanctions pressure on Russia."The European Commission and all allies are convinced of the effectiveness of the sanctions. Now we a...
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The average price of Azeri Light oil based on CIF (including transportation costs to the destination) was $108.61 per barrel last week. The maximum price for it last week was $110.72 per barrel, the m...
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The discount in the price of Russian Urals to the main grade of Brent oil continues to increase, averaging already about $30, follows from the data of the Ministry of Finance of the Russian Federation...











