A new investment fund will help to develop the infrastructure of the ports of Azerbaijan and Kazakhstan on the Caspian Sea. The countries plan to create a joint investment fund for the development of important projects.
The Head of the Ministry of Energy of the Republic of Azerbaijan, who is currently on a business visit to the United States, said that the US side showed interest in the republic's projects and noted the importance of holding COP29 in Baku.
OPEC offered Azerbaijan to join the organization
In February, Azerbaijan overfulfilled the OPEC+ deal by 29%. Daily production of oil with condensate amounted to 648 thousand barrels: 531 thousand barrels were oil and 117 thousand were condensate.
Oil production in Azerbaijan in July will remain at the level of 554,000 barrels per day, thus the country will continue to fulfill its previously assumed obligations under the OPEC + deal, the press service of the Ministry of Energy of the …
On February 16-17, the head of the Ministry of Energy of Azerbaijan, Parviz Shahbazov, took part in the 54th Munich Security Conference, the press service of the ministry reports. Within the framework of the event, the Minister held a …
