Energy - 2024
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In 2023, capital investments in fixed assets in Azerbaijan amounted to 20 billion 296.6 million manats, by 9.8% more than in 2022, the report of the State Committee on Statistics of the Republic of Az...
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In January-November 2023, the countries of the European Union (EU) increased gas imports from Azerbaijan by 3.8% compared to the same period in 2022, to 452.6 thousand terajoules (TJ), the report of t...
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Kazakhstan plans to pump the same amount of oil through the Baku-Tbilisi-Ceyhan (BTC) pipeline in 2024 as in 2023, the Ministry of Energy of Kazakhstan told Interfax-Kazakhstan. "It is planned to t...
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By December 31, 2023, the assets of the State Oil Fund of Azerbaijan (SOFAZ) increased by 14.3% to $56 billion 69.7 million. The increase in assets in 2023 is explained by the fact that SOFAZ budget r...
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The Cabinet of Ministers of Azerbaijan has introduced four land plots with a total area of 36.83 hectares, which are in state and municipal ownership, into the renewable energy sources (RES) zone. The...
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In December 2023, Russian oil exports to Turkiye reached a record high and amounted to 444 thousand barrels per day, “Kommersant” writes with reference to Kpler data.
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In 2023, the volume of oil production in Kazakhstan amounted to about 90 million tons, Minister of Energy of the Republic Almasadam Satkaliyev said at a briefing on Tuesday. "In terms of oil productio...
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Kazakhstan expects to transport up to 3 million tons of its oil per year via the Baku-Supsa oil pipeline and is negotiating this with Azerbaijan, the Ministry of Energy of Kazakhstan told Interfax-Kaz...
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By mid of January 2023, natural gas reserves in underground gas storage facilities (UGS) of Ukraine amount to about 11.3 bcm, Prime Minister Denis Shmygal said at a government meeting on Tuesday. "T...
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In just two years, Europe has managed to take its "energy destiny" into its own hands and significantly reduce dependence on Russian energy carriers, European Commission (EC) President Ursula von der...









