Azerbaijani Energy Ministry

Azerbaijan overfulfills obligations under OPEC+ deal

Azerbaijan overfulfills obligations under OPEC+ deal

Azerbaijan produced 684,100 barrels of oil per day, including condensate in February 2022, of which 566,300 barrels accounted for crude oil and 117,800 barrels were condensate, according to the country’s Energy Ministry. In …

Baku to increase gas supplies to neighbors

Baku to increase gas supplies to neighbors

Azerbaijani Energy Minister Parviz Shahbazov said at the Antalya Diplomatic Forum that Baku, if necessary, will increase gas supplies to neighbouring states. "If necessary, we are ready to increase supplies to neighbouring …

Azerbaijan overfulfills obligations under OPEC+ deal

Azerbaijan overfulfills obligations under OPEC+ deal

Azerbaijan produced 708,400 barrels of oil per day, including condensate in November 2021, of which 588,900 barrels accounted for crude oil and 119,500 barrels were condensate, according to the country’s Energy Ministry. In …

Azerbaijan overfulfills obligations under OPEC+ deal

Azerbaijan overfulfills obligations under OPEC+ deal

Azerbaijan produced 704,400 barrels of oil per day, including condensate in October 2021, of which 585,900 barrels accounted for crude oil and 118,500 barrels were condensate, according to the country's Energy Ministry. In …

 Russia interested in energy renewal of Karabakh

Russia interested in energy renewal of Karabakh

Russian Energy Minister Nikolai Shulginov held a working meeting with his Azerbaijani counterpart Parviz Shahbazov, according to the website of the Russian ministry. The statement reads that the parties discussed topical issues of …

LUKOIL shows interest in Azerbaijan's alternative energy

LUKOIL shows interest in Azerbaijan's alternative energy

LUKOIL cooperates with Azerbaijan not only in the field of oil and gas, but also in the field of alternative energy, Azerbaijani Minister of Energy Parviz Shahbazov said on the sidelines of the Russian Energy Week forum. He …

Azerbaijan to increase gas supplies to Turkey and Europe

Azerbaijan to increase gas supplies to Turkey and Europe

Azerbaijan plans to increase gas supplies to Europe and Turkey up to 16 billion cubic meters in 2022, Azerbaijan’s Energy Minister Parviz Shahbazov told the Russian Energy Week international forum in Russia. "We have planned …

Azerbaijan goes beyond OPEC+ deal obligations in July

Azerbaijan goes beyond OPEC+ deal obligations in July

Azerbaijan went beyond its OPEC+ deal obligations in July 2021, press service of the country’s Energy Ministry reported on Friday. "Daily oil production in Azerbaijan amounted to 606,000 barrels in July. According to the …

Azerbaijan to gradually increase daily oil output

Azerbaijan to gradually increase daily oil output

Azerbaijan has supported the decision taken at the 15th meeting of the OPEC+ ministers to gradually increase daily production to 1.1 million barrels over the next three months (from May through July 2021), according to the Azerbaijani Ministry of …

Azerbaijan to chair 31st Energy Charter Conference

Azerbaijan to chair 31st Energy Charter Conference

The 31st meeting of the Energy Charter Conference will be held under the chairmanship of Azerbaijan in a videoconference format on December 16-17, the Azerbaijani Ministry of Energy said. On the first day of the meeting, procedural …

Azerbaijan fulfills its obligations under OPEC+ deal

Azerbaijan fulfills its obligations under OPEC+ deal

Daily oil production (together with condensate) in Azerbaijan amounted to 686,200 barrels in November 2020, according to the Azerbaijani Energy Ministry. According to the ministry, 587,000 barrels of this volume accounted for crude …

Azerbaijan starts fulfilling OPEC+ deal

Azerbaijan starts fulfilling OPEC+ deal

Azerbaijan kick-started fulfilling its obligations under the OPEC+ deal to curb oil output, according to the country's Energy Ministry. According to the ministry, the OPEC + deal obligations for OPEC members of and its allies …

Azerbaijan approves new OPEC+ oil output cut deal

Azerbaijan approves new OPEC+ oil output cut deal

OPEC+ nations have signed an agreement on daily oil production cuts by 9.7 million barrels for a term of two months, Kazakhstan’s energy ministry said. "After the online ministerial meeting of the OPEC+ and non-OPEC+ …

OPEC+ adopts declaration on cooperation

OPEC+ adopts declaration on cooperation

OPEC+ had adopted a new declaration on cooperation during the online video conference to discuss the terms of a new oil output cut deal, Azerbaijan's Ministry of Energy said. The ministry said in a statement that OPEC+ had …

OPEC+ meeting to be held on April 6

OPEC+ meeting to be held on April 6

The meeting of the OPEC+ group of oil producers is planned for April 6, Azerbaijan’s energy ministry said. "Azerbaijan has been invited to take part in the meeting that will be dedicated to finding the ways of …

Parviz Shahbazov to attend summit in Kazakhstan

Parviz Shahbazov to attend summit in Kazakhstan

Azerbaijan’s Minister of Energy Parviz Shahbazov will take part in the First Regional Summit, entitled 'Mobilizing Finance for Sustainable Development Goals', which will be held in Almaty, Kazakhstan on November …