Azerbaijani oil and gas

Azerbaijan becomes Türkiye's second-largest gas supplier

Azerbaijan becomes Türkiye's second-largest gas supplier

Azerbaijan has secured its position among the top three natural gas suppliers to Türkiye in January 2025, Türkiye's Energy Market Regulatory Authority (EPDK) reported. In January 2025, Türkiye imported 795.39 million …

Europe needs Azerbaijani gas - Ilham Aliyev

Europe needs Azerbaijani gas - Ilham Aliyev

Europe needs Azerbaijani gas, President of Azerbaijan Ilham Aliyev said following talks with President of North Macedonia Gordana Siljanovska-Davkova. The Azerbaijani president recalled that Azerbaijan currently exports natural gas …

Output from Azerbaijan's Shah Deniz platform restored

Output from Azerbaijan's Shah Deniz platform restored

BP, the operator of Azerbaijan’s Shah Deniz gas condensate field, has announced the resumption of production from the Shah Deniz Alpha platform as of the evening of January 18, BP Azerbaijan reported. BP reported that the …

SOCAR kicks off gas supplies to Slovakia

SOCAR kicks off gas supplies to Slovakia

The State Oil Company of the Republic of Azerbaijan started gas deliveries to Slovakia, according to the SOCAR website. "The State Oil Company of the Republic of Azerbaijan started gas deliveries to …

Italy boosts Azerbaijani gas imports by 12%

Italy boosts Azerbaijani gas imports by 12%

Italy has significantly increased its natural gas imports from Azerbaijan, with a year-on-year rise of nearly 12%, the EU statistical office Eurostat …

Gas is becoming Azerbaijan's new oil

Gas is becoming Azerbaijan's new oil

Azerbaijan increased gas production from January through September 2024, Azerbaijani Energy Minister Parviz Shahbazov said. According to him, this figure amounted to 37.1 billion cubic meters (bcm) versus 36.1 bcm in the first nine …

SOCAR's rating upgraded with Stable Outlook

SOCAR's rating upgraded with Stable Outlook

Fitch Ratings has upgraded Azerbaijan's State Oil Company (SOCAR) Long-Term Issuer Default Rating (IDR) and senior unsecured rating to 'BBB-' from 'BB+'. The Outlook on the Long-Term IDR is Stable, the Fitch Ratings press …

Italy increases natural gas imports from Azerbaijan

Italy increases natural gas imports from Azerbaijan

Italy has witnessed a notable rise in natural gas imports from Azerbaijan, with figures indicating a 10.5% increase year-on-year, Eurostat, the European Union's statistical office said. …

Slovenia to receive gas from Azerbaijan

Slovenia to receive gas from Azerbaijan

Azerbaijan has begun gas supplies to Slovenia in accordance with a memorandum of understanding. The volumes of gas supplied have not been reported.