Energy - 2025
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At the beginning of this week, the European Commission announced the continuation of negotiations with Kyiv regarding the supply of gas to Europe via Ukraine, adding that it intends to involve Hungary...
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The date for the 11th Ministerial Meeting of the Southern Gas Corridor (SGC) Advisory Council and the 3rd Ministerial Meeting of the Green Energy Advisory Council has been postponed.
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BP-Azerbaijan (the project operator) forecasts the production of the first volumes of low-pressure gas from the "Shah Deniz" field in June 2029, the company's report.
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The assets of the State Oil Fund of Azerbaijan (SOFAZ) as of January 1, 2025, amounted to $60 billion 31.4 million. The Fund’s assets grew by 7.1% over the past year (on January 1, 2024, they totaled...
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In 2024, Azerbaijan's state budget received 17 billion 969.6 million manats from the oil and gas sector, by 1.1% higher than the forecast and by 1% lower than in 2023. According to the Ministry of...
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The European Bank for Reconstruction and Development (EBRD) invested €196 million in 8 projects in Azerbaijan in 2024. According to the EBRD, 82% of these investments were directed towards Azerbaijan'...
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The export of liquefied natural gas (LNG) from Russia grew by 4% in 2024 compared to the previous year, according to data from analytics firm Kpler, reported by RBC.
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The company "KMG Kashagan B.V.," a subsidiary of Kazakhstan’s national oil and gas company KazMunayGas (KMG), has sent the first batch of oil from the Kashagan field to Baku for export via the Baku-Tb...







