Energy - 2023
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Baku/11.08.23//Turan: The price of Azerbaijani Azeri Light crude oil based on CIF in the Italian port of Augusta increased by $1.7 on August 9 and amounted to $ 91.15 per barrel.On the FOB basis in th...
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Baku/11.08.23//Turan: In July 2023, the oil production in Azerbaijan amounted to 500 thousand b/d, the Platts review conducted by S&P Global Commodity Insights.In July, Azerbaijan's quota for oil prod...
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Baku/11.08.23//Turan: Oil exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline increased in June by 4%, or 30 thousand b/d, to an average level of 651 thousand b/d, the monthly OPEC report.Oil is still....
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Baku/11.08.23//Turan: In the first half of 2023, Italy reduced the cost of oil imports from Azerbaijan by 20.3% compared to the same period last year, to $3.28 billion.During the reporting period, Ita...
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Baku/11.08.23/Turan: The Energy Information Administration of the US Department of Energy (EIA) has maintained the forecast for the volume of production of liquid hydrocarbons in Azerbaijan for 2023-2...
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Baku/11.08.23//Turan: Production of liquid hydrocarbons in non-OPEC countries in 2023 will grow by 1.5 million b/d compared to last year and will average 67.27 million b/d, while the previous report p...
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Baku/11.08.23//Turan: Armenia and Iran have extended the validity of the gas-for-electricity agreement until 2030, Armenian media report. The document was signed by the Director of Yerevan TPP CJSC Ar...
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Baku/11.08.23//Turan: Kazakhstan and Azerbaijan are considering the possibility of launching oil transportation via the Baku-Supsa pipeline, Kazakh Energy Minister Almassadam Satkaliyev told reporters...
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Baku/11.08.23//Turan: In July, OPEC reduced oil production by 836 thousand barrels per day compared with June - up to 27.3 million b/d, the organization's report says.Production decreased mainly in Sa...
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Baku/11.08.23//Turan: Yesterday, world oil prices updated a six-month high. During trading on the ICE exchange in London, the cost of raw materials of the benchmark Brent brand rose by more than 0.6%....
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Baku/11.08.23//Turan: In January-July 2023, the nominal volume of industrial production in Azerbaijan amounted to 39.8 billion manats, the real decline is estimated at 1.6% compared to 7 months of 202...
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Baku/11.08.23//Turan: On August 10, gas prices in Europe ended trading with a decrease of almost 6%, to $ 428 per thousand cubic meters, the London ICE exchange.September (upcoming) futures on the TTF...











