Energy - 2024
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In 2023, oil and gas condensate production in Azerbaijan amounted to 30 million 189.6 thousand tons, by 7.5% lower than in 2022. Last year the volume of production of commercial oil with condensate am...
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By the end of 2023, 48 billion 496.7 mcm of gas were produced in Azerbaijan, the report of the State Statistics Committee of the Republic of Azerbaijan.
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The Minister of Economy of Azerbaijan held a meeting with the Prime Minister of Slovakia Robert Fico on the "sidelines" of the Davos Economic Forum. "At a meeting with the Prime Minister of Slovaki...
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In 2023, the export of Azerbaijani gas from the “Shah Deniz” field amounted to 21 billion 800.1 mcm, by 4.8% higher than in 2022. The share of gas exports from the “Shah Deniz” field accounted for...
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The export of declared oil from Azerbaijan in 2023 amounted to 26 million 47 thousand 289.51 tons, by 0.08% lower than in 2022. The value of oil exported for the reporting year amounted to $16 billion...
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In January-November 2023, Azerbaijan exported AI-92 gasoline worth $23 million 8.89 thousand, the State Statistics Committee of the Republic of Azerbaijan reports. The volume of gasoline exports in...
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OPEC expects average daily production of liquid hydrocarbons in Azerbaijan in 2023-2025 at the level of about 0.7 million barrels, the organization's monthly report. According to the report, in Novemb...
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The volume of oil pumping through the Baku-Tbilisi-Ceyhan pipeline in 2023 amounted to 30 million 191.6 thousand tons, by 1.5% higher than in 2022. According to the State Statistics Committee of th...
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The production of petroleum products in Azerbaijan in 2023 increased in monetary terms by 7.3% compared to 2022, to 4 billion 526.8 million manats ($2 billion 662.8 million at the current exchange rat...
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In 2023, a total of 2 billion 116 million kWh of electricity was generated in Azerbaijan from renewable and alternative sources. According to the Ministry of Energy of Azerbaijan, 1 billion 757 mil...
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The prospects of the Trans-Caspian gas pipeline project cannot be solved by political means; commercial interest is necessary and there must be sales markets, stated Vice-President of the European Co...
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Moldova will purchase liquefied natural gas from the United States for the first-time next week, it will be delivered by ship to the liquefied petroleum gas terminal in Alexandroupolis, Greece. Acc...
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The global oil supply in 2023 increased by 1.9 million barrels per day to 102 million b/d, the country. Supplies from OPEC+ countries decreased by 390 thousand b/d, while Saudi Arabia's production...












