Energy - 2024
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The Ministry of Economy of Azerbaijan has revised the basic macroeconomic forecast for 2024 and increased the price of oil included in the state budget from $60 per barrel to $75 per barrel.
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Last Friday, a meeting of the Supervisory Board of the State Oil Company of the Republic of Azerbaijan (SOCAR) was held.
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The Saturn self-lifting floating drilling rig (SFDR) was delivered from Turkmenistan to Baku accompanied by supply vessels belonging to the Azerbaijan Caspian Shipping Company CJSC (ASCO - Azerbaijan...
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The Cabinet of Ministers of Azerbaijan has amended the decision "On the composition of the Board of the Ministry of Energy of the Republic of Azerbaijan", approved by a resolution dated April 11, 2014...
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Construction of a new 35 kV substation "Askeran" will begin in the settlement of Askeran, Khojaly region. According to the “Azerishig” OJSC, the state monopolist for the distribution of electricity in...
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Prime Minister of Azerbaijan Ali Asadov signed a decree on the definition of a state-owned land plot in the administrative territory of the Jabrayil region as a territory of renewable energy sources (...
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Turkiye and Russia are working on the creation of a trading platform for the sale of natural gas, Minister of Energy and Natural Resources of the country Alparslan Bayraktar said. "Together with the R...
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In 2023, Russia supplied 107 million tons of oil to China, by 24% more than in the previous year, and in the first two months of 2024, oil exports in this direction increased by 13%, according to the...
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The planned increase in the volume of Russian gas supplies to Uzbekistan will help strengthen the energy security of the republic and the region as a whole, as indicated in the materials for the visit...








