Azerbaijan accounted for more than 12% of gas supplies to the Turkish market in March
In the first quarter of 2022, Azerbaijan exported 2 billion 305.42 million cubic meters of gas to Turkey from the Shah Deniz field, which is…
Production from the Caspian Shah Deniz field is growing rapidly
In the first quarter of 2022, 6 billion cubic meters of gas were produced from the Shah Deniz field, which is 17.6% higher than in…
Azerbaijan increased gas export from Shah Deniz by 9%
The export of Azerbaijani gas from the Shah Deniz field in January-February 2022 amounted to 3 billion 269.8 mcm, which is 9.3% higher than the…
BP increases its share in Shah Deniz
BP has decided to increase its holding in the giant Shah Deniz gas field in the Caspian offshore Azerbaijan through negotiations with the Shah Deniz…
SOFAZ reveals revenues from ACG and Shah Deniz fields
The State Oil Fund of Azerbaijan (SOFAZ) has announced revenues from the Azeri-Chirag-Guneshli (ACG) and Shah Deniz fields in the Azerbaijani sector of the Caspian…
93 bcm of gas exported from Azerbaijan’s Shah Deniz field
As of March 1, 178.9 billion cubic meters of gas were extracted from the Azeri-Chirag-Guneshli block of fields located in the Azerbaijani sector of the…
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…
BP’s Caspian Sea project emerges as Russia’s rival for European gas market
(Bloomberg) –Azerbaijan started commercial natural gas exports to Europe via the U.S.-backed Southern Gas Corridor, helping the region to diversify supplies away from Russia Gas…
Capacity of South Caucasus Pipeline increased by16%
For the three quarters of 2020, operating expenses for the South Caucasus Pipeline (SCG) project totaled $ 35 million, $ 2 million, or 6.06% more…
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…
Azerbaijan’s Revenues from ACG and Shah Deniz Decrease by Two Times
Proceeds to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil and gas from the Azeri-Chirag-Gunashli (ACG) block and the Shah…
BP Provides 81.7% of Total Gas Production in Azerbaijan – Ministry of Energy
Gas production in Azerbaijan in January-May 2020 amounted to 16.4 billion cubic meters, an increase of 13.6% compared to the same period last year, the…
Azerbaijan Sharply Increases Gas Exports to Turkey Thanks to Shah-Deniz
Azerbaijan in January 2019 exported 808.36 million cubic meters of gas produced from the Shah-Deniz field to Turkey, which is 36.1% higher than the figure…
Gas export from Azerbaijan to Turkey soars
In January-February, 1 130,76 mln. cubic meters of natural gas were delivered from Azerbaijan to Turkey. Report informs citing the Turkey’s Energy Market Regulation Organization…
Subsea 7 awarded contract offshore Azerbaijan
Subsea 7 S.A. today announced the award of a substantial contract by BP Exploration for the provision of subsea inspection, repair and maintenance (IRM) services…
Azerbaijan to earn $429 mln from ‘Shah Deniz’ gas sale in 2018
As forecasted, in 2018, the State Oil Fund of Azerbaijan Republic (SOFAZ) will receive $ 428.9 mln from sale of profit oil of Azerbaijani’s share…
Azerbaijan and ADB sign loan agreement on gas projects
On 22 December of the current year, loan and guarantee agreements were signed for granting a syndicated loan facility in the amount of US$524.5 million….
BP restarts Shah Deniz field
BP has restarted gas and condensate production from the Shah Deniz field after carrying out preventive works on the Alfa production platform, having been halted…
Export of Gas from Shah Deniz to Turkey Falls by 4%
The export of Azerbaijani gas produced within the framework of the Shah Deniz-1 project in January-April 2017 amounted to 2,173.71 mcm. According to the Council…