Energy - 2023
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In recent days, discussions surrounding the establishment of a unified power grid involving Azerbaijan, Iran, and Russia have once again come to the forefront. Iran's Energy Minister, Ali Akbar Meh...
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In January-October 2023, oil production with gas condensate in Azerbaijan amounted to 25 million 68.2 thousand tons, by 8% lower than during the same period in 2022. During the reported period, the...
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In January-October 2023, the volume of oil pumping through the Baku-Tbilisi-Ceyhan pipeline amounted to 25 million 172.5 thousand tons, by 3% higher than over the same period of 2022; 76% of the tota...
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In January-October 2023, fuel consumers in Azerbaijan purchased motor gasoline and diesel for a total of 2 billion 518.3 million manats ($1 billion 481.4 million at the current exchange rate), by 6.6...
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In January-September 2023, the countries of the European Union (EU) imported 258 thousand 214 tons of petroleum products from Azerbaijan, by 16.4 times more than in the same period last year, the stat...
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In January-September 2023, Azerbaijan imported 63 thousand 683.91 tons of Premium Euro-95 gasoline, by 25.3% lower than in the first 9 months of 2022. The cost of imported Premium Euro-95 gasoline am...
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China national oil and gas exploration and development Co. LTD has announced the closure of its representative office in Azerbaijan in connection with its liquidation. According to the representative...
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“Azerenergy” JSC selects a contractor for the reconstruction of the 110/35/6-kilovolt substation "Alat". The selection is conducted by an open tender method. The cost of participation in the tender is...
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The average cost of oil production in Russia over the three quarters of 2023 amounted to 23.6 thousand rubles compared to 24.6 thousand rubles per ton in 2022 (4% less). According to “Rosstat,” in the...
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The participants of the Kashagan Caspian field development project are not ready to pay an environmental fine and are challenging the relevant court decision. Oil companies that are developing Kazakhs...
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EU countries increased imports of liquefied natural gas (LNG) to 374.2 mcm per day in the first half of November, according to Gas Infrastructure Europe (GIE) data. Deliveries from LNG terminals to...










