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Azerbaijan’s Power Engineers Have Negative Long-term Forecast

Azerenergy OJSC (state monopolist for electricity production in Azerbaijan) expects the maintenance of stable electricity and gas tariffs in the short term, according to the…

SOCAR GPC’s Petrochemical Complex to Work by Early 2023

The final investment decision on the SOCAR GPC gas processing and petrochemical complex construction project in Azerbaijan is expected to be taken by early 2018,…

Azerbaijan Reduced Gas Exports to Turkey by 5%

Azerbaijan exported 1,096.49 mcm of gas to Turkey in January-February 2017 within the framework of the Shah Deniz-1 project. According to the Energy Market Regulatory…

SOCAR inaugurates gas terminal and power plant in Malta

On April 24, the city of Marsaxlokk in Malta hosted the opening ceremony of the gas terminal and power plant built by ElectroGas Malta, partially…

New Type of Gas Contract to Be Realized in Azerbaijan for First Time

The Parliamentary Committee on Natural Resources, Energy and Ecology recommends Milli Majlis of Azerbaijan to approve the Risk Service Contract for exploration and development of…

US Interested in Azerbaijani Gas Projects

The US is closely following the implementation of the Southern Gas Corridor project, and its support by Washington remains stable and long-lasting, US Ambassador to…

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