Azerbaijan supplied Europe with 32.25 mcm of gas daily in October
Azerbaijan increased gas exports by 17.4% to 18.2 bcm in January-October 2022, a public statement of the Ministry of Energy of Azerbaijan According to the…
Automobile fuel consumption grows in Azerbaijan
In January-July 2022, fuel consumers in Azerbaijan purchased motor gasoline and diesel fuel for a total of 1 billion 526.7 million manats ($898.1 million at…
BTK Railroad to Open New Opportunities for Export of Oil Products…
…from Azerbaijan to World Market Today, in the village of Alyat (75 km south of Baku), the opening ceremony of the Baku-Tbilisi-Kars railway (BTK) will…
Transfers from Oil Fund to State Budget to Be Reduced
The Government of Azerbaijan plans in 2019-2021 to reduce transfers from the State Oil Fund (SOFAZ) to the state budget by 28.8% – up to…
Government Assesses Risks Associated with Oil Prices
The Azerbaijani government notes the existence of a number of internal and external fiscal risks that may have a direct and indirect impact on the…