Energy - 2023
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Baku/03.04.23//Turan: The international rating agency Fitch Ratings predicts the growth of Azerbaijan's GDP in 2023-2024 at an average of 2.1% per year. Azerbaijan's GDP grew by 4.6% in 2022 compared....
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Baku/03.04.23//Turan: In January 2023, the countries of the European Union (EU) imported 1 million 721 thousand 242.546 tons of oil from Azerbaijan for 1 billion 74 million 364.067 thousand euros.In J...
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Baku/03.04.23//Turan: On April 1, the Energy and Water Resources Regulatory Commission (KEWR) confirmed the price of gas in April at 98.16 leva (about 49.8 euros) per MW/hour, compared to 106.74 leva....
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Baku/03.04.23//Turan: The Azerbaijani-American Forum on "green" energy will be held in Baku on April 3. The forum is organized by the Ministry of Energy of Azerbaijan and the Azerbaijan Export and Inv...
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Baku/03.04.23//Turan: Global investments in the implementation of energy transfer should increase more than four times annually in order to fulfill the commitments made in the Paris Climate Agreement,...
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Baku/03.04.23/Turan: Turkey set a new record for purchases of liquefied natural gas in January 2023 thank to the collapse in fuel prices due to the warm weather in Europe and the overstocking of the....
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Baku/03.04.23/Turan: The head of JSC NC "KazMunayGas" (KMG) Magzum Mirzagaliyev held talks with the chairman of the Board of “Abu Dhabi Ports” (ADP) Group Mohamed Juma Al-Shamisi via video conference...
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Baku/03.04.23/Turan: Kazakhstan has filed a lawsuit against the North Caspian Operating Company — the operator of the Kashagan field — to recover 2.3 trillion tenge ($5.1 billion) in the form of a fin...
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Baku/03.04.23/Turan: “Uzbekneftegaz” plans to hold a "people's IPO" by the end of the year, selling up to 2% of the company's shares to the public and entrepreneurs, the company said.Now work has begu...
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Baku/03.04.23/Turan: On March 31, the European Commission (EC) approved technical rules for extending the gas market correction mechanism to derivatives related to gas trading at all EU hubs. Previous...
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Baku/03.04.23/Turan: “PetroChina” has started operating its first onshore wind farm at the “Jilin” field, “Upstream” reports. The project will contribute to reducing the carbon footprint of oil and ga...
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Baku/03.04.23/Turan: Saudi Arabia, the UAE, Oman, Kuwait, Iraq, and Algeria will voluntarily reduce oil production from May to the end of 2023 in coordination with other OPEC+ countries.According to t...











