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Category: Azerbaijan

Total tries to agree with SOCAR on Absheron field

Gas production from the Absheron field in the Azerbaijani sector of the Caspian Sea at the first stage will amount to 1.3 bcm, and at…

Reconstruction of Baku Oil Refinery contracted at $ 800 mln

The Spanish company Tecnicas Reunidas, which selected a contractor for general plant reconstruction work within the framework of reconstruction and modernization project at the Heydar Aliyev Oil Refinery,…

SOCAR purchases Austrian filling stations network

SOCAR Energy Holdings JSC, subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR) in Switzerland, has acquired filling stations owned by A1 company and Pronto…

Baku Oil Refinery and Tecnicas Reunidas sign contract

Within the project of reconstruction and modernization of the plant, the Heydar Aliyev Baku Oil Refinery of the State Oil Company of Azerbaijan Republic (SOCAR) and Tecnicas Reunidas…

Nakhchivan eyes energy, agriculture cooperation with Iran

Nakhchivan parlament speaker Vasif Talibov in a meeting with Iran’s economy minister voiced his country’s interest in electricity transfer, importing gas, and agricultural cooperation. During the…

Azerbaijan produces 85,4 thsd tons of ethylene this year

85,400 tons of ethylene were produced in Azerbaijan in January-November, 2017. Report informs referring to the State Statistical Committee (SSC), the volume of ethylene production…

2,200th tanker arrives in Kulevi port

Port Kulevi (the Black Sea, Georgia) received, loaded and dispatched its 2,200th tanker. Report informs citing Kulevi Black Sea Terminal. It was noted that operations…

Transit oil transportation via BTC pipeline soars 44%

In January-October 2017, oil transportation via main oil pipelines of Azerbaijan made 39 127,1 thousand tons. Report informs referring to the State Statistical Committee (SSC), 78,9% of…

TAP lowers 62% pipes in Greece and Albania

Pipes lowered in and backfilled in 62% of route of Trans Adriatic Pipeline (TAP), which will transport Azerbaijani gas to Europe, in Greece and Albania….

TAP loan approval postponed to 2018

The Council of the European Investment Bank (EIB) on December 12 at its meeting considered the issue of a loan for the construction project of…

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