Azerbaijani oil and gas

Azerbaijani gas is priority of Europe's energy agenda

Azerbaijani gas is priority of Europe's energy agenda

An increase in gas supplies from Azerbaijan is the priority of the energy agenda, bp Vice-President for the Caspian Region, Communications and External Affairs Bakhtiyar Aslanbayli said at the opening of the 16th Baku Summer Energy School (BSES) …

EU energy commissioner to visit Azerbaijan in July

EU energy commissioner to visit Azerbaijan in July

EU Commissioner for Energy Kadri Simson will visit Azerbaijan in July. The announcement was made by the commissioner at the Three Seas Business Forum: ‘Building a Balanced and Resilient Energy Sector in the Three Seas Region' in …

Azerbaijan natural gas reaches Bulgaria via IGB

Azerbaijan natural gas reaches Bulgaria via IGB

The Interconnector Greece-Bulgaria (IGB) has started test gas supplies, the ICGB AD, the project company said. “We’ve initiated test runs with actual quantities of natural gas as planned. However, it’s not a start of …

Moldova plans to buy gas from Azerbaijan

Moldova plans to buy gas from Azerbaijan

Moldova is discussing gas supplies with Azerbaijan: there are real chances that Chişinău will soon have an alternative source of fuel, Deputy Prime Minister, Minister of Infrastructure Andrei Spînu said. "There are real …

Azeriqaz starts gas supply to Khankendi

Azeriqaz starts gas supply to Khankendi

On Monday, March 28, natural gas supply to Khankendi and nearby settlements will be restored in test mode. This was reported by the production association "Azeriqaz". In this regard, "Azeriqas" recommends consumers …

Lukoil increases stake in Shah Deniz gas field

Lukoil increases stake in Shah Deniz gas field

Russia's Lukoil has announced completion of the transaction of buying a 9.99% interest in the Shah-Deniz gas project from PETRONAS. The transaction value is approximately $1.45 billion. Following the completion …

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 …

IEA reveals time of TAP's reaching full capacity

IEA reveals time of TAP's reaching full capacity

Azerbaijani gas flows via the Trans Adriatic Pipeline (TAP) are expected to ramp up to the full capacity of 10 billion cubic meters per year in 2022, according to the International Energy Agency (IEA). TAP has to date …

Azerbaijan to help EU to handle energy crisis

Azerbaijan to help EU to handle energy crisis

Azerbaijan plans to work with the EU to expand the geography of its gas supplies, President of Azerbaijan Ilham Aliyev said during a meeting on October 6 with the newly appointed Head of the European Union Delegation to the country Peter …

Azerbaijan’s natural gas reserves to last for 120 years

Azerbaijan’s natural gas reserves to last for 120 years

Azerbaijan's natural gas reserves are expected to last at least for the next 120 years, according to the joint calculations of Fitch Ratings and BP. The international agency emphasizes that according to this indicator, …