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Category: Azerbaijan

Director of Large Drilling Company in Azerbaijan Replaced

General Director of SOCAR-AQS LLC Ramin Isayev has been relieved of his post. Samir Mollayev was appointed to his place As Caspian Barrel found out,…

Azerbaijan Exported Natural Gas at Average Price of $ 186 in 2020

The export of Azerbaijan’s declared volumes of gas in January-September 2020 amounted to 10 billion 154 million 496.12 thousand cubic meters According to the report…

Total Volume of Gas Exports from Shah Deniz Field Amounted to 86.5 Bcm

The export of Azerbaijani gas in January-September 2020 amounted to 9.6 billion cubic meters(bcm), an increase of 15.7% compared to the same period last year…

Turkey May Jointly Develop Gas Fields in Black Sea with SOCAR

The Turkish company TPAO (Türk Petrol Anonim Ortaklığı) and the State Oil Company of Azerbaijan (SOCAR) can cooperate on a project to develop natural gas…

Armenia Launches Missile Attack on Strategic Energy Facilities of Azerbaijan

Yesterday, at about 22:00 local time, one of the missiles fired by the Armenian armed forces at the city of Mingechevir (300 km west of…

Turkey Increases Gas Imports from Azerbaijan by More Than 21%

 In July of this year, Turkey imported 1.093 billion cubic meters (bcm) of natural gas from Azerbaijan. According to a report from the Turkish Energy…

SOCAR: in 2020 Oil Production in Azerbaijan to Fall by 3 Million Tons

SOCAR (State Oil Company of Azerbaijan) plans to produce 7.2 million tons of oil with condensate in 2020, taking into account OPEC + obligations to…

SOCAR to create globally integrated oil products division

Diesel demand in Europe is unlikely to recover until well into 2021, and struggling refiners in the region will come under further pressure, Switzerland-based Socar…

Azerbaijan Supplies 6.7 Bcms of Gas to Turkish Market via TANAP Pipeline

Gas exports from Azerbaijan in January-August 2020 amounted to 8.7 bcm, an increase of 17.6% compared to the same period last year. According to the…

SOCAR Plans to Increase Investment in Innovation, Venture Projects by 2036

The State Oil Company of Azerbaijan has completed work on the preparation of a development strategy until 2035, says the President of the company, Rovnag Abdullayev,…

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