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The political scientist Rovshan Ibragimov, speaking with a correspondent of Vestnik Kavkaza, said that the trilateral meeting of the presidents of Russia, Azerbaijan and Iran, which was held yesterday in Baku, will enable to …
Azerbaijan’s State Oil Company (SOCAR) and Romania’s state-owned company Transgaz have signed a memorandum of understanding during a meeting of SOCAR President Rovnag Abdullayev with Ramona Nicole …
At the same time, Socar expanded its presence in Africa and is also looking to renew deals with Iran
The closed Bosphorus Strait reminded the world of Turkey's huge and growing importance as a transit route for commodities between Russia, Central Asia and Europe
Revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the project for development of the Azeri-Chirag-Gunashli (ACG) block of fields totaled $119.314 billion from early 2001 to July 1, 2016, SOFAZ told Trend. SOFAZ said its revenues …
The Greek Ministry of Environment and Energy has granted Trans Adriatic Pipeline (TAP) its Installation Permit, TAP reported. "Together with the Installation Act, secured in January 2016, the Installation Permit allows the pipeline …
From the economic point of view, Russia sees Azerbaijan as a modern perspective partner, cooperation with which has a significant potential, the president of the Foundation for Economic Research, Mikhail Khazin, the scientific …
A number of key economic and financial ratios in commodity-based emerging markets (CEMs) have already returned to pre-boom levels, two years after the sudden end of the commodity boom, Fitch Ratings said in its latest Global Perspectives …
The Vice-President of the State Oil Company of Azerbaijan (SOCAR) for strategic development, Tofiq Gahramanov, told journalists about the company's plans for the next 10-15 years. He said that the …
The US has resumed the purchase of Azerbaijani oil. According to the website of the Energy Information Administration under the US government, in February 2016 the US purchased 1050 barrels of oil in Azerbaijan. …
The State Oil Company of Azerbaijan (SOCAR) is approaching to the completion of the program of expansion of the country's gas network, SOCAR Vice President Suleyman Gasimov said. "I think the program will be …
A quarter of entire oil export from Azerbaijan in 2015 accounted for Italy, a quarter of the export of petroleum products for Malta, nearly a quarter of exports of petrochemical products for the Netherlands. That was announced at …
State Oil Company of Azerbaijan (SOCAR) will increase the production level to more than 11.3 million tonnes of oil per year due to commissioning of new oil well in Oil Rocks offshore field, the company reported. The oil is extracted …
Italian oil service company Saipem has won a contract to lay the offshore tract of the Trans Adriatic Pipeline (TAP) that will transport Azeri gas into Italy, Reuters cited the company as saying. The 105-kilometer pipeline will run from …
Azerbaijani Energy Minister Natig Aliyev noted that Baku's interest in the Southern Gas Corridor project coincides with the interest of the European Commission, since it is important for both sides. The …
The ceremony to mark the beginning of construction of the Trans Adriatic Adriatic Pipeline (TAP) will be held in Thessaloniki on May 17. The ceremony will be attended by prominent politicians and companies, as this is an important …
SOCAR Georgia Gas suspended gas supplies in Adjara from March 29 to April 3 due to renovation work on the Kobuleti-Batumi highway. SOCAR Georgia Gas apologizes for the discomfort and urges customers to keep gas valves closed. …
The State Oil Company of Azerbaijan (SOCAR) and Canada's Zenith Aran Oil Company Ltd have signed a PSA contract on the onshore oilfield block Muradkhanly-Jafarli-Zardab. The contract was signed for 25 years. Zenith …
86 new employees of the strategic facilities protection department at the Center for Emergencies and Special Events of the Ministry of Internal Affairs were administered the oath today. It is known that one of ...
The 4th Global Baku Forum titled 'Towards a Multipolar World' has started in Baku today. Its opening is attended by the Azerbaijani President Ilham Aliyev, Azerbaijan’s first lady …
