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Category: Azerbaijan

Azerbaijan to cut oil production by 35.000 barrels per day

Azerbaijan to cut oil production by 35.000 barrels per day, Azerbaijan’s Energy Ministry told Trend. OPEC has persuaded 11 non-member countries to cut their oil…

Georgia Announced Imports of Electricity from Azerbaijan in 2017

The Ministry of Energy of Georgia has approved the balance of power in the country in 2017, according to which it is planned to increase…

Azerbaijan Expects US Support to Overcome Problems in Construction of TAP

Azerbaijan is counting on US political support for the Southern Gas Corridor (SGC) project to avoid political difficulties with the construction of the Trans-Adriatic Pipeline…

American Company Closes Office in Baku

The company Champion Technologies Russia & Caspian BV, an affiliate of the American petrochemical company Champion Technologies, has announced the elimination of its representative office…

Azerenergy Drowning in Debt – Fitch

The international rating agency Fitch has affirmed long-term issuer default rating (IDR) of Azerenergy at the level of «BB +», short-term IDR – at «B»,…

What Azerbaijan Plans To Do When The Oil Runs Out

Wade Shepard ,  Contributor I travel to emerging markets around Asia and report on what I find Azerbaijan has read the writing on the wall:…

Azerbaijan, Spain – important in European energy security

Azerbaijan and Spain will play an important role in ensuring energy security of Europe, Jose Luis Diez Juarez, Charge d’Affaires of Spain to Azerbaijan told…

Socar Trading expands crude team to target Chinese refiners -CEO

Nov 30 Azeri state oil company Socar’s trading division has hired three new crude traders who will be based in London with a view to…

Azerbaijan, Czech Republic to sign memorandum on energy

Azerbaijan and the Czech Republic will sign a memorandum on mutual understanding in the energy sector in January 2017, the Azerbaijani Energy Ministry said in…

Azerbaijan, EU mull Central Asia’s joining SGC

Azerbaijan’s Energy Minister Natig Abbasov met with representatives of EU Working Party on Eastern Europe and Central Asia, the Energy Ministry said in a message….

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