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 …
Azerbaijani oil and gas
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
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 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
Azerbaijan has begun gas supplies to Slovenia in accordance with a memorandum of understanding. The volumes of gas supplied have not been reported.
Azerbaijan becomes leader in gas supplies to Türkiye
Azerbaijan has overtaken Russia in gas supplies to Türkiye. During the last two months, the majority of the gas exported to Türkiye came from Azerbaijan.
Azerbaijan and Serbia expanding energy ties
Azerbaijan plans to increase oil and gas supplies to Serbia, according to the results of the 8th session of the Intergovernmental Commission on Trade and Economic Cooperation between …
COP29 to showcase Azerbaijan's leadership in renewable energy
Azerbaijan will host the COP29 in November 2024, which presents an opportunity to showcase the country’s leadership in renewable energy and climate change, the Investment Climate Statements of the U.S. Department of State …
Azerbaijan boosts gas supplies to Europe
Azerbaijan's gas exports to Europe increased from January through June 2024, Azerbaijani Minister of Energy Parviz Shahbazov said. …
Baku increases its share in European gas market
Azerbaijan supplied 11 billion cubic meters of natural gas to Europe in 2023. The country's share in total gas imports to Europe increased to 7%.
Azerbaijan increases gas supplies to Italy
Imports of Azerbaijani gas to Italy increased by 2.6%. In March, Azerbaijan exported 485.1 million cubic meters of gas. At the same time, the cost has decreased significantly.
SOCAR envisages implementation of new projects
The State Oil Company of Azerbaijan Republic (SOCAR) plans to implement new projects, Advisor to the Vice President at SOCAR Sariyya Buniyatova said at the Baku Energy Forum. "We are actively developing and expanding …
Azerbaijan and Türkiye extend gas supply from Shah Deniz field
Azerbaijan and Türkiye have signed an agreement to extend Azerbaijani gas supplies from Stage 1 of the Shah Deniz …
Ilham Aliyev: Azerbaijan expanding gas supplies
The number of countries importing Azerbaijani gas will increase, President of Azerbaijan Ilham Aliyev said as he addressed the Baku Energy Week. According to the president, Azerbaijan is increasing its gas exports, it will most …
Bulgaria’s gas imports from Azerbaijan increase
Bulgaria imported 44.6 million cubic meters of natural gas from Azerbaijan in March 2024, as compared to 44.5 mln cubic meters in March 2023, marking a 0.22% year-on-year increase, according to the European Union's statistical …
Azerbaijan's gas export to Europe exceeds 4 bcm
Azerbaijan has increased gas exports by 2.7% in the first four months of 2024, as compared to the same period in 2023, AZerbaijan’s energy minister Parviz Shahbazov wrote on X. According to him, in January-April 2024, 4.2 bcm of …
Armenia asks Azerbaijan for gas
Armenia is ready to discuss the issue of purchasing Azerbaijani gas, Armenian Parliament Speaker Alen Simonyan said. “If Armenia leans towards buying gas from Azerbaijan, I believe this is a positive …
Azerbaijan considers extending agreement on gas supplies to Romania
Baku and Bucharest may extend the contract for the supply of Azerbaijani gas
Ilham Aliyev: demand for Azerbaijan's energy resources to grow in Europe
The President of the Republic of Azerbaijan noted that the demand for the country's energy resources would increase in European countries. Currently, eight European countries receive gas from Azerbaijan.
Over 2 bln cubic meters of Azerbaijani gas exported to Europe in 2 months
Azerbaijan has exported 2.1 billion cubic meters of gas to Europe during the first two months of 2024, Azerbaijan’s energy minister Parviz …
