Author: Ilham Shaban

SOCAR and KazMunayGas Daughters Sign and Agree

KMG Drilling & Services LLP and Caspian Drilling Company Ltd signed a trust management agreement for a self-elevating floating drilling rig (SEFDR), reports KazMunayGas NC….

Azerbaijan Sharply Increased Commercial Gas Production in January

Oil production in Azerbaijan in January 2019 amounted to 3,337.7 thousand tons, which is 0.8% less than the same period last year. According to the…

Romania Plans to Join SGC

Bucharest intends to become part of the Southern Gas Corridor (SGC) in the future, State Secretary of the Ministry of Energy of Romania Lulian Robert…

Three New Countries to Be Accepted at V Meeting on SGC Project

The 5th meeting of the Consultative Council (CC) on the project to create the Southern Gas Corridor (SGC) is opening in Baku today. According to…

Argus Fertilizer Conference to be held in Baku

Argus Fertilizer 2019. Production and Logistics in the Caspian and Black Sea Region international conference will take place on 14-15 March in Boulevard Hotel Baku,…

Socar Talking W/ Total, Lukoil on New Natgas Blocks in Caspian

Talks with France’s Total on exploration and development of Umid and Babak natgas blocks in Azerbaijan’s section of Caspian Sea resumed after being interrupted over…

In 2018, 11.2 Bcm of Gas Supplied to Domestic Market of Azerbaijan

In 2018, SOCAR allocated 11 billion 216 million cubic meters to meet the domestic needs of Azerbaijan for natural gas. According to SOCAR, last year…

TAP Project Completed at More Than 84%

The construction of the Trans-Adriatic Gas Pipeline (TAP), which envisages the transportation of Azerbaijani gas to Europe, has been completed by more than 84 percent….

Uzbekistan Offers SOCAR and BP Joint Geological Study of Three Blocks

Uzbekistan offers SOCAR, in partnership with BP, to explore the possibility of joint exploration of three investment blocks of the Ustyurt region, the press service…

SOCAR Increased Payments to State Budget by 6% in 2018

SOCAR’s tax payments to the state budget of Azerbaijan in 2018 amounted to 1 billion 604.514 million manat, which is 6.2% more than in 2017….


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