Energy - 2022
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In January-May 2022, Azerbaijan's strategic foreign exchange reserves increased by 1.9% - up to $54.2 billion, which is a record high. According to the Central Bank of the Republic of Azerbaijan, the...
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The Azerbaijani government increases the base price of oil included in the state budget for 2022 from $50 to $70 per barrel. This is noted in the documents related to changes in the state budget of th...
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Baku/20.06.22// Turan: Test pumping of Azerbaijani gas to Bulgaria via the Greece-Bulgaria interconnector (IGB) has begun, the Bulgarian National Radio (BNR) reported yesterday.According to the media,...
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In January-May 2022, the export of Azerbaijani gas from the “Shah Deniz” field amounted to 8 billion 489.5 mcm, which is 20.1% higher than the same period last year.According to the State Statistics C...
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The volume of oil pumped through the Baku-Tbilisi-Ceyhan (BTC) pipeline in January-May 2022 amounted to 11 million 780.9 thousand tons, which is 5.9% higher than the same period last year.According to...
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In January-May 2022, the production of petroleum products in Azerbaijan compared to the same period last year decreased in monetary terms by 18.4% - to 1 billion 365.5 million manats ($ 803.2 million...
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In January-May 2022, electricity production in Azerbaijan increased by 2.9% compared to the same period last year to 11 billion 244.2 million kWh, the Ministry of Energy of Azerbaijan.According to th...
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The shipment of oil from the Caspian Pipeline Consortium (CPC) in Novorossiysk, which has been reduced before the end of the month, may periodically stop due to work on the disposal of unexploded torp...
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Iranian Oil Minister Javad Ouji said that Iran had reached an agreement to establish a joint commission with Azerbaijan to develop a number of fields in the Caspian.This was spread by the corresponden...
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The scheduled annual maintenance of the Turkish Stream will be held from June 21 to 28, Gazprom said. Earlier, the Turkish company Botas and the Bulgarian Bulgartransgaz reported on the timing of the...









