In January-August 2022, revenues to the State Oil Fund of Azerbaijan (SOFAZ) from the implementation of the “Shah Deniz” gas project amounted to $1 148...
Gas exports from Azerbaijan to Europe in January-August 2022 amounted to 7.3 billion cubic meters, Energy Minister Parviz Shahbazov said. Including the supply of Azerbaijani...
Serbia plans to purchase gas from Azerbaijan in 2023, Serbia’s President Aleksandar Vucic said Report informs, citing Reuters, that, according to Vucic, the country’s finances were resilient...
Azerbaijan and Uzbekistan signed a road map on the energy field, Energy Minister Parviz Shahbazov wrote on Twitter, Report informs. “Today, we signed the Road Map on...
Hungary will join a large-scale project to transport green electricity from Azerbaijan to the country and the European market, Hungary's Minister of Foreign Affairs and Trade, Péter Szijjártó announced on Wednesday after a discussion with Azerbaijani Energy Minister Parviz Shahbazov.
According to Bulgarian Energy Minister Rosen Hristov, this week, Bulgaria will start negotiations on increasing the volume of natural gas supplies from Azerbaijan, Bulgarian media...
In January-July 2022, fuel consumers in Azerbaijan purchased motor gasoline and diesel fuel for a total of 1 billion 526.7 million manats ($898.1 million at...
The State Oil Fund of Azerbaijan (SOFAZ) reported that in January-July this year, the profit received by the state within the framework of the “Shah...
International financial institutions approved a 114.2 million US dollars financing package for a solar plant that will help diversify Azerbaijan’s energy mix.
Caspian gas supplies to Europe set a new record. The “Southern Gas Corridor” from Azerbaijan is operating at overdesign capacity. On July 26, the Trans...
In January-June 2022, oil production with gas condensate in Azerbaijan amounted to 16 million 474.2 thousand tons, which is by 4.1% lower than the same period last...
The European Commission’s President Ursula von der Leyen signed a Memorandum of Understanding in the field of energy with Azerbaijan’s President Ilham Aliyev.
EU energy commissioner Kadri Simson is travelling to Baku later this month The EU is preparing to sign a no-strings-attached gas-import deal with Azerbaijan to...
Azerbaijan’s Energy Minister Parviz Shahbazov attended the opening ceremony of the Interconnector Greece-Bulgaria of strategic importance in Komotini on July 8. I attended the opening...
Azerbaijan and Iran discussed the issues arising from the implementation of the “Khudafarin” and “Giz Galasi” hydro junctions and hydroelectric power plants projects and the...
The European Bank for Reconstruction and Development (EBRD) is in the final stages of signing a wind and solar energy project with Azerbaijan this summer,...
In January-May 2022, Azerbaijan’s strategic foreign exchange reserves increased by 1.9% – up to $54.2 billion, which is a record high. According to the Central...