Azerbaijani oil and gas

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.

Azerbaijan and Serbia expanding energy ties

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

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 …