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Tag: Azerbaijan

OPEC raises forecast on Azerbaijan’s liquid hydrocarbons

Liquids supply is forecast to grow by 30,000 b/d to average 760,000 b/d in 2021, Report informs, citing OPEC. Azerbaijan’s liquids supply in February declined slightly m-o-m…

Azerbaijan fulfills its commitment under OPEC+ deal

In March 2021, daily oil production (including condensate) in Azerbaijan amounted to 734,800 barrels, with crude oil accounting for 592,100 and condensate responsible for 142,700…

Russia to transport 150 mcm of gas to Georgia through Azerbaijan

SOCAR and Gazprom Export signed a one-month agreement on transit of Russian gas to Georgia, SOCAR’s Deputy Head of Public Relations Ibrahim Ahmadov told Report. “According…

Gas production up in Azerbaijan

From January through February 2021, Azerbaijan produced 6.8 billion cubic meters of gas, Report informs referring to the country’s Energy Ministry. According to the ministry’s data, 2.2…

Almost 1 billion cubic meters of gas supplied to Turkey via TANAP

From January through February 2021, Azerbaijan exported 2 billion cubic meters of gas to Turkey, 15.6% more than a year earlier, Report informs referring to the Azerbaijani…

Azerbaijan increases gas sales abroad by 32%

In January-February this year, Azerbaijan’s gas sales abroad amounted to 3.3 billion cubic meters (32% more than in the same period 2020) According to Report, the Ministry of Energy…

Azerbaijan cuts oil exports by 4%

From January through February 2021, Azerbaijan exported 4.8 million tons of oil (including condensate), Report informs referring to the country’s Energy Ministry. According to the ministry’s data,…

Azerbaijan produces 5.8 million tons of oil

In January-February this year, Azerbaijan produced 5.8 million tons of oil (including condensate). According to the Ministry of Energy, oil (including condensate) production was about 342,000 tons less than…

Export of Azerbaijani gas from Shah Deniz increased by 47% in January-February

Export of Azerbaijani gas from the Shah Deniz field in January-February 2021 amounted to 2 billion 992.8 million cubic meters. This is 47.2% higher than…

Turkmen parliament ratifies MoU on Dostlug field

The Assembly of Turkmenistan has adopted the Resolution “On ratification of the Memorandum of Understanding between the Government of Turkmenistan and the Government of the…

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