SOCAR produces 2.8 billion cubic meters of gas in Jan-May
In January-May, the State Oil Company of Azerbaijan Republic (SOCAR) has produced 2 billion 801.4 million cubic meters of gas. According to SOCAR, 12 billion 352.4 million cubic meters of gas has been produced in Azerbaijan during five months ...
Oil price on world markets

Oil price on world markets

29.06.2015 [11:45]
The price of oil dropped in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.87 to stand at ...
Oil price on world markets

Oil price on world markets

24.06.2015 [11:56]
The price of oil changed in different directions in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.63 to stand ...
Turkey issues first permits on Turkish Stream engineering survey

Turkey issues first permits on Turkish Stream engineering survey

24.06.2015 [11:41]
Turkey has issued a permit on engineering surveys for the offshore section of Turkish Stream. According to "Gazprom" OJSC, the document stipulates that investigations will be carried out within the exclusive economic zone and territorial waters of Turkey in ...
Two new contracts signed on "Shah Deniz Stage 2” project

Two new contracts signed on "Shah Deniz Stage 2” project

24.06.2015 [10:31]
Two new contracts worth $363 million have been signed on "Shah Deniz Stage-2" project. According to bp-Azerbaijan, Shah Deniz Stage 2 and South Caucasus Pipeline Expansion (SCPX) projects continue to move forward at pace with significant progress ...
Oil price on world markets

Oil price on world markets

23.06.2015 [12:35]
The price of oil changed in different directions in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $0.41 to stand at $60.38 ...
SOCAR, Russia’s Gazprombank signs a loan agreement for construction of SOCAR Polymer plants

SOCAR, Russia’s Gazprombank signs a loan agreement for construction of SOCAR Polymer plants

22.06.2015 [10:41]
State Oil company of Azerbaijan Republic (SOCAR) has signed an agreement with Russia’s Gazprombank on providing a loan facility for construction of SOCAR Polymer polypropylene and high-density polyethylene plants in Azerbaijan. ...
Rovnag Abdullayev: The welding of pipes for Trans-Anatolian gas pipeline (TANAP), is scheduled to begin in July

Rovnag Abdullayev: The welding of pipes for Trans-Anatolian gas pipeline (TANAP), is scheduled to begin in July

22.06.2015 [10:22]
“The welding of pipes for Trans-Anatolian gas pipeline (TANAP), which will pass through Turkey, is scheduled to begin in July”, said SOCAR president Rovnag Abdullayev in his interview with reporters in the Russia's northern capital. ...
Oil price on world markets

Oil price on world markets

20.06.2015 [17:16]
The price of oil has fallen in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.84 to stand at $59.61. Price of British Brent crude oil at the London ICE ...
Oil price on world markets

Oil price on world markets

15.06.2015 [09:47]
The price of oil has fallen in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.81 to stand at $59.96. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) fell $1.24 to trade at ...
Oil price on world markets

Oil price on world markets

12.06.2015 [11:11]
The price of oil fell in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.66 to stand at $60.77. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) has fallen $0.59 to trade at $65.11 ...
Oil price on world markets

Oil price on world markets

11.06.2015 [12:34]
The price of oil has continued to rise in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $1.29 to stand at $61.43. Price of British ...
TAP issues invitations to tender for offshore section

TAP issues invitations to tender for offshore section

10.06.2015 [14:32]
Trans Adriatic Pipeline AG (TAP) has issued an invitation to Tender (ITT) for Engineering, Procurement, Construction and Installation (EPCI) for the offshore section of the project. TAP’s 36-inch offshore part across the Adriatic Sea – between the coastlines of Albania and southern ...
Oil price on world markets

Oil price on world markets

10.06.2015 [11:17]
The price of oil rose again in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $2 to stand at $60.14 ...
Oil price on world markets

Oil price on world markets

09.06.2015 [11:41]
The price of oil changed in different directions in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.39 to stand at ...
SOCAR’s international relations discussed

SOCAR’s international relations discussed

09.06.2015 [10:37]
Vice-president of Azerbaijan State Oil Company (SOCAR) on environmental affairs Rafiga Huseynzade has met a member of House of Lords David Evans and Chief Executive Officer of Senate Consulting Ltd Caroline Minshell to discuss international relations of the company. ...
Oil price on world markets

Oil price on world markets

08.06.2015 [12:27]
The price of oil fell in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil decreased $0.60 to stand at ...
TANAP, Turkish Stream to increase Turkey's importance, Minister Yildiz

TANAP, Turkish Stream to increase Turkey's importance, Minister Yildiz

06.06.2015 [20:39]
Projects like Turkish Stream and Trans Anatolian Natural Gas Pipeline Project, TANAP will increase the value and importance of Turkey, said Taner Yildiz, the Energy and Natural Resources Minister of Turkey, according to Anadolu Agency ...
Oil price on world markets

Oil price on world markets

06.06.2015 [14:34]
The price of oil rose again in the world markets. On the New York Stock Exchange NYMEX (New York Mercantile Exchange) cost of the US Light crude oil increased $1.13 to stand at $59.13. Price of British Brent crude oil at the London ICE (InterContinental Exchange Futures) rose ...