BTC pipeline transports over 4.6 million tons of oil in February 2023
The main oil pipelines in Azerbaijan shipped about 6,048,100 tons of oil in February 2023. According to the State Statistics Committee, crude transportation via the Baku-Tbilisi-Ceyhan main export oil pipeline (BTC) accounted for 76.5% or ...
NYMEX reports 7% drop in natural gas price
The natural gas price at the NYMEX (New York Mercantile Exchange) has decreased by 0.18 US dollars or 7 percent to 2.34 dollars per 1 million BTU (British thermal unit ...
AZAL to launch flights from Baku to Bahrain
The national air carrier of Azerbaijan (AZAL) will start operating flights from Baku to Bahrain from June . Thus, from June 1, the flights will carried out once a week - on Thursdays. Starting from July, the flights will also be operated on Sundays ...
Azerbaijani oil sells for $75.4
The Azerbaijani oil price has decreased in the world markets. The price of a barrel of Azeri Light crude oil fell $0.85 to trade at $75.4 ...
Oil prices drop in world markets
The world markets have seen a decline in oil prices. The Brent crude oil price on the London ICE (InterContinental Exchange Futures) fell $1.73 to trade at $72.97, while the price of the Light crude oil at the NYMEX (New York Mercantile Exchange) ...
Azercosmos, Israel’s Spacecom satellite operator sign cooperation agreement
Azercosmos and Israel’s Spacecom satellite operator have today signed a cooperation agreement on the joint implementation of long-term projects. Spacecom, which is an operator of AMOS telecommunication satellites in the Middle East ...
® Winners of "Code for Future" hackathon awarded
On March 15, the results of the competition covering communication, innovations and technologies were announced during the award ceremony at the Azerbaijan-French University. About 400 students from 17 educational institutions of the country have applied to the ...
® Digital novelties from Bakcell
Bakcell announced the introduction of digital novelties. Thus, the new Bakcell mobile app and website will provide the subscribers with an opportunity to enjoy the best customer experience by using advantages of latest digital technologies ...
Support block of “Azeri-Central-East” platform dispatched to sea on “STB-1” barge
Azeri-Central-East (ACE) platform support block built at “Baku Deep Water Jackets Factory named after Heydar Aliyev” (BDWJF) was loaded on STB-1 barge owned by “Azerbaijan Caspian Shipping” CJSC (ASCO) and dispatched to the sea on March 16, 2023 ...
Azerbaijan produces 531,000 barrels of crude oil per day in February
In February 2023, daily oil production (including condensate) in Azerbaijan amounted to 648,000 barrels, including 531,000 barrels' crude oil and 117,000 barrels' condensate, the Ministry of Energy told AZERTAC ...
Azerbaijan to expand cooperation with Leonardo in civil aviation
The President of AZAL Jahangir Asgarov met with a delegation of the Italian concern Leonardo, headed by Marco Buratti, Senior Vice President of International Marketing and Strategic Campaigns of the Chief Commercial Office ...
Gas production in Azerbaijan increased in January-February 2023
According to operational data for January-February 2023, Azerbaijan produced 8 bcm of natural gas, 2.2 bcm of gas were produced from Azeri-Chirag-Gunashli, 4.4 billion cubic meters from Shah Deniz and 1.4 bcm from SOCAR, Azerbaijan’s Energy Ministry told AZERTAC ...
Azerbaijan exports 4.1 million tons of oil
Azerbaijan exported 4.1 million tons of 5.1 million tons oil produced in January-Februar, 2023, said Minister of Energy Parviz Shahbazov. The minister also noted that during this period the country had exported 4.3 billion cubic meters of 8 billion cubic meters ...
® Kick off your summer travel with affordable roaming from Nar!
Nar offers beneficial roaming bundles for those who want to make their spring vacation abroad more memorable. You only need to order one of the four affordable roaming bundles on a holiday. Just go to Services>Packages>Roaming section in Nar+ to join the relevant roaming package for the desired country ...
Azerbaijan sees 13 percent rise in gas export
“In January-February, 2023, Azerbaijan’s gas export increased by 13% compared to the same period last year,” said Minister of Energy Parviz Shahbazov. Azerbaijan exported 1.9 billion cubic meters of gas to Europe, 1.7 billion cubic meters to Turkiye, and 0.7 billion cubic meters to Georgia, minister Shahbazov added ...
Central Bank: $47.9m worth of demand fully covered at FX auction
The foreign exchange (FX) auction was held at the Central Bank on March 16. $47.9m worth of demand was fully covered at the auction. Average weighted exchange rate of the manat was 1,7000 ...
Azerbaijani oil sells for $74.42
The Azerbaijani oil price has decreased in the world markets. The price of a barrel of Azeri Light crude oil fell $6.99 to trade at $74.42 ...
Oil prices jump on world markets
Oil prices have jumped in the world markets. The London ICE (InterContinental Exchange Futures) saw the Brent crude oil rise $0.70 to trade at $74.39, while the price of the light crude oil at the NYMEX (New York Mercantile Exchange) ...
Heydar Aliyev International Airport awarded prestigious Skytrax Award
Heydar Aliyev International Airport won two nominations in one of the most prestigious industry awards Skytrax World Airport Awards 2023. The award ceremony took place on March 15 at the EXPO Passenger Terminal in Amsterdam ...