Energy - 2024
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British Prime Minister Rishi Sunak congratulated Azerbaijani President Ilham Aliyev on the beginning of the exercise of the powers of the head of state. "I convey my best wishes to you on the occas...
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Azerbaijani President Ilham Aliyev said that the country will continue to expand the geography of gas exports, including to Europe. "We currently have a gas supply contract with eight countries. But t...
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In 2023, the countries of the European Union (EU) imported record volumes of natural gas from Azerbaijan - about 492.9 thousand terajoules, the monthly report of the statistical office of the European...
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In January 2024, oil and gas condensate production in Azerbaijan amounted to 2 million 467.9 thousand tons, by 8.3% lower than in January 2023.
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The volume of oil pumping through the Baku-Tbilisi-Ceyhan pipeline in January 2024 amounted to 2 million 486.1 thousand tons, by 1.9% lower than in January 2023. In January, 76% of the total volume...
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In January 2024, the production of petroleum products in Azerbaijan decreased in monetary terms by 9.6% to 303.6 million manats ($178.6 million) compared to January 2023. In January 2024, a decline...
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Azerbaijan plans to create up to 5 thousand MW of capacity in the field of renewable energy sources (RES) by the end of 2030, said President Ilham Aliyev. "According to our plans, up to 5 thousand...
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The Azerbaijani authorities plan to establish energy supply to one of the industrial parks in the country at the expense of "green" energy, Acting Economy Minister Mikail Jabbarov said on February...
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BP expects to sign a final investment agreement (FIA) with the Government of Azerbaijan on the “Shafag” solar power plant (SPP)construction project in the Jabrail region in the second half of 2024....
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In 2024, “Azerenergy” OJSC plans to put into operation 5 hydroelectric power plants (HPPs) in the Lachin region, “Azerenergy” JSC, the state monopoly on the production and transportation of electri...
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Currently, gas storage facilities in the EU are 66% full, and a high level of filling will allow us to prepare well for the next winter season, despite a significant decrease in supplies of "blue fuel...
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The International Energy Agency (IEA) has raised its forecast for global oil production in 2024: now expects it to grow by 1.7 million barrels per day, to a record 103.8 million barrels per day, the a...











