Energy - 2024
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In 2023, oil production at the Azeri-Chirag-Guneshli (ACG) block of fields amounted to 132.5 million barrels (17.9 million tons), calculations by Turan agency based on average daily data from bp-Azerb...
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In January 2024, Azerbaijan increased gas production by 0.7% to 4.3 bcm compared to January 2023. According to the Ministry of Energy of Azerbaijan, the volume of gas produced in the country by 30 mcm...
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In January 2024, the export of oil with condensate from Azerbaijan amounted to 2.1 million tons, the Ministry of Energy of the country reports. At the same time, in January 2024, 2.5 million tons of o...
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In January 2024, Azerbaijan increased gas exports by 4.5% to 2.3 bcm compared to January last year, Energy Minister Parviz Shahbazov said. In January 2024, Azerbaijani gas exports to Europe amounted t...
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In 2023, the volume of oil and condensate pumping through the Baku-Tbilisi-Ceyhan (BTC) pipeline amounted to 30 million tons (approximately 227 million barrels), which corresponds to the indicator o...
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BP-Azerbaijan produced 26 bcm of gas from the “Shah Deniz” field in the Azerbaijani sector of the Caspian Sea in 2023, by 4% higher than in 2022. About 35 million barrels of condensate (over 4 million...
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Turkish gas transportation operator Botas has opened the possibility of supplying gas to Europe via the old Balkan corridor in reverse mode. The operator announced the possibility of booking gas suppl...
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In January 2024, the volume of transportation of Kazakh oil through the system of trunk oil pipelines of Transneft PJSC in the direction of the “Adamova Zastava” delivery point for further delivery to...
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The situation on the global oil market will remain comfortable this year, as the increase in supplies from a number of countries will meet demand and will restrain prices, the head of the Internati...
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Global oil demand will grow by 2.25 million barrels per day in 2024, and by 1.85 million b/d next year. According to the OPEC report, the estimate of oil demand in the first quarter of 2024 was mainta...









