January | Oil & Gas Feed

According to operational data for January - July 2024, Azerbaijan exported 7.5 billion cubic metres (bcm) of gas to Europe.

In January of this year, Azerbaijan continued to import Turkmen gas, the data published in the trade bulletin of the State Statistical Committee of the Republic of Azerbaijan. According to the document, in January 2024, Azerbaijan imported 161 million 309.35 thousand cubic meters of gas from Turkmenistan in the amount of $24 million 196.4 thousand […]

In January 2024, the countries of the European Union (EU) imported about 19.7 thousand tons of petroleum products from Azerbaijan, by 83 times more than in the same period of 2023. According to the statistical Office of the European Union (Eurostat), in monetary terms, supplies increased 42 times, to about 11.3 million euros. The lion’s […]

“KazTransOil” JSC exported 287 thousand tons of oil from the port of Aktau in January, by 36% more than in the same period of 2023, the company’s press service. The volume of oil transportation in the direction of the port of Baku from the port of Aktau has doubled to 116 thousand tons. In the […]

In January 2024, revenues to the State Oil Fund of Azerbaijan (SOFAZ) from the sale of profitable oil from the Azeri-Chirag-Guneshli block (ACG)  amounted to $387 million 645 thousand. According to SOFAZ, this is $237 million 429 thousand, or  by 38% lower than in January ($625 million 74 thousand) last year. The Oil Fund of […]

Following the European Commission’s approval of the support scheme for offshore wind farm development and after public consultations with market participants, the Lithuanian Ministry of Energy proposed to launch the second offshore wind farm tender on 15 January 2024.

In January 2023, the countries of the European Union (EU) imported 1 million 721 thousand 242.546 tons of oil from Azerbaijan for 1 billion 74...

In January 2023, the Czech Republic completely dispensed with the supply of Russian gas; the republic now receives this type of fuel from Norway, as...

In January 2023, the export of declared oil from Azerbaijan amounted to 2 246 118.56 tons, which is 35.9% lower than in January 2022. According...

In January 2023, electricity production in Azerbaijan increased by 7.7% compared to January 2022 to 2 billion 755.9 thousand kW/h, the country’s Energy Minister Parviz...

Gas production in Azerbaijan in January 2023 amounted to 4.2 bcm, by 4% higher than in January last year, the Ministry of Energy of the...