Energy - 2023
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Baku/27.10.23//Turan: The number of gas drilling rigs in the United States has decreased by 24% since the beginning of 2023, to 118 rigs, the Energy Information Board (IEA) of the Ministry of Energy o...
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Baku/27.10.23//Turan: Turkmenistan has already started discussing the details of a contract with Iraq on swap gas supplies through Iran in the amount of up to 9 bcm per year."We expect the arrival of....
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Baku/27.10.23//Turan: Gas production in Turkmenistan is expected to exceed 80 bcm by the end of the year, of which about 73 bcm will be accounted for by “Turkmengaz,” Deputy chairman of the state conc...
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Baku/27.10.23//Turan: Iran has begun construction of a new nuclear power plant (NPP) in the west of the country called "Karun", its capacity will be 300 MW of energy, the head of the Atomic Energy Org...
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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: “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....
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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: 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/23.10.23//Turan: "In 2023, gas production in Azerbaijan is projected at 48.7 bcm, exports – 24 bcm," the article by Parviz Shahbazov, the Minister of Energy of Azerbaijan, published in the offici...















