Azerbaijani oil and gas

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SOCAR to increase oil and gas output

SOCAR to increase oil and gas output

Azerbaijan’s state oil company SOCAR will produce additional 5500 tons of oil and 657,000 cubic meters of gas annually as a well was commissioned after overhaul in Sangachal Deniz-Duvanni Deniz-Khara-Zira offshore field. The …

Gazprom to open office in Azerbaijan

Gazprom to open office in Azerbaijan

Gazprom is preparing to open a company representative office in Azerbaijan. Gazprom's Board of Directors will vote on October 2 on whether to approve the opening of an office in Azerbaijan. A quarterly report on the …

Construction of TANAP’s underwater section starts in Turkey

Construction of TANAP’s underwater section starts in Turkey

Construction of the Trans-Anatolian Natural Gas Pipeline’s underwater section in the Marmara Sea has started, Trend reported citing Turkish media. At present, the work to lay pipes is underway in the Turkish province of Canakkale. …

Azerbaijan fulfills its obligations to cut oil production

Azerbaijan fulfills its obligations to cut oil production

Azerbaijan completely fulfilled its obligations by reducing its oil production by 35,000 barrels per day, the country's Energy Ministry said. "Azerbaijan has produced 793,900 barrels of oil per day in January, 776,400 …

Vertical Gas Corridor project for Azerbaijani gas agreed

Vertical Gas Corridor project for Azerbaijani gas agreed

Greek, Bulgarian, Romanian and Hungarian gas transmission companies DESFA, Bulgartransgaz, Transgaz and FGSZ and ICGB AD consortium, the contractor for the Greece-Bulgarian Interconnector (IGB) pipeline project, signed a memorandum of …

Azerbaijan after Haydar Aliyev

Azerbaijan after Haydar Aliyev

İlham Aliyev and his friends have literally protected the inheritance from the founding president of Azerbaijan

Italy court revokes order that halted work on TAP pipeline

Italy court revokes order that halted work on TAP pipeline

An Italian court has revoked an order that had halted work to remove olive trees from the pathway of the Trans Adriatic Pipeline (TAP), a lawyer involved in the case said. Opposition from the local town council and the regional …

BP: ‘contract of the Century’ may be extended in summer

BP: ‘contract of the Century’ may be extended in summer

The BP company expects the ‘Contract of the Century’ for the further development of the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields in the Azerbaijani sector of the Caspian Sea, to be signed in the middle of 2017, …