Energy - 2023
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Baku/25.10.23//Turan: Gas demand in the European Union may decrease by another 15% to 305 bcm by 2030, the International Energy Agency (IEA) predicts in its World Energy Outlook 2023 report. The deman...
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Baku/25.10.23//Turan: Global oil demand will peak in the current decade amid the growing popularity of electric vehicles and the slowdown of the Chinese economy, the International Energy Agency (IEA)....
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Baku/25.10.23//Turan: The French company “TotalEnergies” produced 400 mcm of gas from the Absheron gas condensate field in the Caspian Sea in July-September 2023, the Ministry of Energy of Azerbaijan....
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Baku/25.10.23//Turan: In January-September 2023, the export of gas volumes from Azerbaijan declared at customs amounted to 20 billion 420 million 595.61 thousand cubic meters, by 23.4% higher than in....
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Baku/25.10.23//Turan: An agreement has been signed between the production association "Azerigaz" of the State Oil Company of Azerbaijan (SOCAR) and JSC "Ganja Instrument-Making Plant".According to Aze...
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Baku/25.10.23//Turan: “Azerishig” OJSC (the state monopolist for the distribution of electricity in the Republic of Azerbaijan) selects a contractor for the construction of a new 110/35-kilovolt subst...
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Baku/25.10.23//Turan: Turkey expects to provide 10 percent in 2024 and 18 percent of its oil demand from fields in southeastern Turkey in 2026, Finance and Treasury Minister Mehmet Shimshek said.Daily...
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Baku/25.10.23//Turan: In nine months, Uzbekistan imported more gas in value terms than it exported (487.9 million versus 411.7 million dollars). In September, $286.1 million worth of gas was delivered...
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Baku/25.10.23//Turan: “Gazprom” is discussing with the Chinese side an increase in supplies via the “Power of Siberia” above the planned level of 38 bcm per year, said Alexey Miller, Chairman of the “...
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Baku/25.10.23//Turan: American oil and gas company Chevron Corp. reached an agreement to purchase rival Hess Corp. for $53 billion, the press-release of Chevron. The transaction will be fully paid for...
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Baku/25.10.23//Turan: Greg Daco, chief economist of one of the largest consulting companies “Ernst & Young” (EY), predicts an increase in the price of Brent crude oil to $ 150 per barrel in the event....










