Energy - 2024
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In connection with the Eid al-Adha holidays, the next issue of Turan-Energy will be released on June 21, 2024.
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European officials have appealed to Azerbaijan with a plan to transport gas to Europe through Ukraine, Politico reports, citing high-ranking Azerbaijani officials.
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The UK is the largest foreign investor in Azerbaijan with a total investment volume of more than $35.9 billion, Azerbaijani Energy Minister Parviz Shahbazov said on June 12 at an event dedicated to th...
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Real GDP growth in Azerbaijan is expected to reach 2.3 percent in 2024, and then increase to 2.4 percent in 2025, the June report "Global Economic Prospects" of the World Bank. It is worth noting that...
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By the end of this year, Azerbaijan plans to export 1.2 bcm of gas to Greece, Energy Minister Parviz Shahbazov stated at the fifth meeting of the Intergovernmental Commission on Cooperation between A...
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The volume of Azerbaijani gas transportation via the Trans-Anatolian gas Pipeline (TANAP) to Türkiye and Europe as of May 1, 2024 amounted to about 63 bcm,
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“Azneft” of the State Oil Company of Azerbaijan (SOCAR) and “Sakuraz Green Energy” (SGE) signed an agreement providing for strategic cooperation in the renewal and maintenance of a wide range of batt...
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In January-May of this year, gasoline and diesel fuel worth 1 billion 251.7 million manats were sold to consumers in the retail trade network of Azerbaijan; this is 6.1% more than in the same period l...
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By Order No.165 of the President of the Republic of Azerbaijan Ilham Aliyev dated June 12, 2024, Bahruz Farman oglu Bahramov was appointed Deputy Executive Director of the State Oil Fund of the Republ...
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The recent laying of the foundation of power plants based on renewable energy sources with a capacity of 1000 MW is a significant event in the field of "green" energy in Azerbaijan, a senior consultan...
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Istanbul International Airport has ambitious plans to produce electricity from solar energy (SPP) and will become the first airport in the world to cover its electricity needs from SPP, Ismail Hakki P...
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Global oil demand may peak by 2029, and then begin to decline, follows from the medium-term forecast (covers the period up to 2030) of the International Energy Agency (IEA). According to EIA estimate...











