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Tag: Gas

Over 93% of electricity in Azerbaijan is generated by burning natural gas

In January-July 2021, electricity production in Azerbaijan amounted to 15.845 billion kWh, by 3.2% higher than the same period last year, the Ministry of Energy…

The interconnector with Greece successfully crossed the Maritsa River

The project was presented as a key opportunity for Bulgaria’s energy transition to greener and more sustainable solutions during a round table within the Three…

SOCAR gets 6% increase in gas production

State Oil Company of Azerbaijan (SOCAR) produced more than 1.924 million tons of oil in the first quarter of 2021, showing a 0.2% increase in…

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…

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…

Péter Szijjártó: “Hungary will be able to buy gas not only from Azerbaijan but also from Turkmenistan via the Southern Corridor”

Hungary would have a physical link to the Southern Gas Corridor through an interconnector between the networks of Greece and Bulgaria as well as a…

How much did EU spend on unsuccessful gas projects?

The EU has wasted nearly €440 million in taxpayer cash on fossil gas infrastructure projects that have either failed or are likely to fail, Report informs, citing Global…

Azerbaijan unveils volume of gas exports to Turkey and Georgia

Azerbaijan exported 1,120,220.670 cubic meters of natural gas in January this year, Report informs, citing the State Customs Committee According to the information, the total cost of natural…

Azerbaijan in 2020 exported oil for $ 8.5 bn, gas – for $ 2.7 bn

Azerbaijan exported 28 million 374.2 thousand tons of oil in 2020, which is 9.2% less than in 2019 According to the State Statistics Committee of…

Drilling down: The storms battering oil and gas – BBC

For the oil and gas sector in Scotland, coronavirus is merely one part of its current nightmare. The UK offshore oil industry has been hit…

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