Energy - 2022
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The transportation of Azerbaijani gas to Moldova through the Greece-Bulgaria interconnector (IGB) has begun, ICGB, the managing company of the interconnector reported. The transportation of the first...
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In December, the Russian private company LUKoil will stop exporting oil from its Caspian fields via the Baku-Tbilisi-Ceyhan (BTC) pipeline due to Western sanctions. According to Reuters, the Russian c...
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The Baku-Tbilisi-Ceyhan (BTC) pipeline will continue to be used to transport third-party oil in the Caspian region, bp Azerbaijan, commenting on the suspension of LUKOIL's oil transportation through t...
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The State Oil Fund of Azerbaijan (SOFAZ) predicts that in 2023 it will receive a $20.8 million bonus from the French “TotalEnergies” in connection with the start of production at the “Absheron: field....
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From the beginning of 2022 to November 15, the Caspian Pipeline Consortium (CPC) reduced the shipment of oil from the sea terminal near Novorossiysk by 4%, to 49.8 million tons, follows from the compa...
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Korean Hyundai Engineering has signed a contract to develop a project for the construction of a plant for the production of ammonia and carbamide in Turkmenistan, as well as to provide future producti...
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In December, the preliminary purchase price of Russian gas for Moldova will be $785 per thousand cubic meters, Vadim Cheban, head of the board of JSC “Moldovagaz”, wrote in his telegram channel. Accor...
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French “TotalEnergies” has signed an agreement on the sale of its subsidiary Total E&P Dunga GmbH to Kazakh Oriental Sunrise Corp Ltd for $330 million, the press service of “TotalEnergies” reported.Th...
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Baku/02.12.22// Turan: Gazprom's exports to non-CIS countries over the 11 months of this year decreased by 44.5% compared to the same period last year - to 95.2 bcm of gas, the company said. "Gas expo...
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Last week, commercial oil reserves in the United States decreased by 12.58 million barrels - to 419.08 million barrels, the weekly report of the country's Energy Ministry. Commodity stocks of gasoline...
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Baku/02.12.22// Turan: The initial price limit for Russian oil will be set at $60 per barrel, which may change in the future, US Deputy Treasury Secretary Wally Adeyemo said."We start at $60 per barre...
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The average price of Urals oil, the main Russian export brand of oil, in November 2022 decreased by 5.9% compared to October this year, to $66.47 per barrel.As follows from the message of the Russian...
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Over the 11 months of this year, world demand for gas decreased by 55 bcm, of which about 50 billion fell on the EU countries, “Gazprom” said."Over the eleven months of this year, according to the fir...












