Energy - 2023
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Baku/01.02.23//Turan: The Ministry of Economy of Azerbaijan and the Ministry of Foreign Affairs and Trade of Hungary signed a Memorandum of Understanding on cooperation in the field of natural gas. Th...
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Baku/01.02.23//Turan: “Today we have revived the NABUCCO project, which at one time was considered to have sunk into history. Azerbaijani gas will be delivered to Bulgaria through interconnectors, fro...
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Baku/01.02.23//Turan: Ankara is ready to provide any support for the supply of additional volumes of Azerbaijani gas to Europe, Turkish Foreign Minister Mevlut Cavusoglu said."Turkey will provide all....
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Baku/01.02.23//Turan: European Commissioner for Energy Kadri Simson will visit the capital of Azerbaijan, where on February 3 he will take part in the ninth ministerial meeting within the framework of...
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Baku/01.02.23//Turan: The TAP AG pipeline company initiates the first phase of the expansion of the Trans-Adriatic gas pipeline by 1.2 billion cubic meters of gas per year. From January 16 to 22, 2023...
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Baku/01.02.23//Turan: Bulgarian President Rumen Radev and his Serbian counterpart Alexander Vucic will take part in the launch ceremony for the construction of a connecting gas pipeline between the tw...
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Baku/01.02.23//Turan: The total volume of transfers to the state budget of Azerbaijan from the State Oil Fund (SOFAZ) from 2003 to December 31, 2022 amounted to 131 billion 413.3 million manats.Accord...
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Baku/01.02.23//Turan: The Steering Committee of the project to export "green" energy from Azerbaijan through the Georgia-Romania high-voltage underwater power line will hold its first meeting in Baku....
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Baku/01.02.23//Turan: On April 26-27, Turkmenistan will hold an international road show in Dubai to attract foreign investment in the country's energy sector. The organizers are the state concerns "Tu...
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Baku/01.02.23//Turan: The US oil and gas giant “ExxonMobil” received a net profit of $55.7 billion in 2022, which became a historical record not only for the company itself, but also in the history of...
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Baku/01.02.23//Turan: The State Pension Fund of Norway (aka the Oil Fund), the largest sovereign fund in the world, ended 2022 with a record loss of 1.637 trillion kroner ($164 billion).According to t...
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Baku/01.02.23//Turan: The volume of the global market for services for the energy sector will reach a peak level of $ 1 trillion in 2025, the consulting company “Rystad Energy” predicts.According to h...
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Baku/01.02.23//Turan: European companies have reduced the rate of gas withdrawal from underground storage facilities (UGS), while the level of electricity generation from wind has exceeded the annual....
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Baku/01.02.23//Turan: The share of natural gas from Russia, the supply of which at the beginning of 2022 provided 97% of the needs of the Czech Republic in this type of energy raw material, decreased....













