Azeri-Chirag-Gunashli produced 455m tons of oil and 144.5 bcm of gas so far

31.05.2018 [19:13]
The Azeri-Chirag-Gunashli (ACG) field has produced 455 million tons of oil and 144.5 billion cubic meters of gas since going into service, first vice president of the country`s state oil firm, SOCAR, Khoshbakht Yusifzade has told the 25th International Caspian ...

Tickets for flights from Baku to Jeddah and Buraydah available on AZAL’s website

31.05.2018 [15:36]
Air tickets for flights to AZAL’s two new destinations - Saudi Arabia’s cities of Buraydah (Al Qassim International Airport - ELQ) and Jeddah (King Abdulaziz International Airport - JED) are now available on the website of Azerbaijan’s national air carrier ...

First Vice President of SOCAR: Azerbaijan has already received 258 million tons of crude oil from ACG

31.05.2018 [12:57]
Azerbaijan has already received 258 million tons of crude oil from Azeri-Chirag-Gunashli (ACG) field, Khoshbakht Yusifzade, the First Vice President of SOCAR said at 25th Anniversary International Caspian Oil & Gas Conference. ...

Azeri Light oil price increases on world markets

31.05.2018 [11:11]
Price of a barrel of Azeri Light crude oil increased $2.15 to stand at $78.59 in the world markets. On London ICE (InterContinental Exchange Futures) cost of the Brent crude oil decreased $0.14 to trade at $77.36, while the ...

Daisaku Hiraki: Japan is interested in joint development of new fields with Azerbaijan on Caspian

31.05.2018 [11:00]
Japan is interested in the joint development of new fields in the Caspian Sea with Azerbaijan, said Japan's Parliamentary Vice-Minister of Economy, Trade and Industry Daisaku Hiraki at the plenary session entitled "The main factors for the development of ...

SOCAR, Equinor sign agreements on new exploration and production projects

31.05.2018 [10:26]
The Statoil Azerbaijan (part of the Equinor group) and Azerbaijan’s State Oil Company SOCAR have signed a Risk Service Agreement (RSA) related to the appraisal and development of the Karabakh oilfield and a Production Sharing Agreement (PSA) ...

OPEC Secretary General: Southern Gas Corridor will change energy landscape at a fundamental speed

31.05.2018 [10:12]
Southern Gas Corridor will change energy landscape at a fundamental speed, said Mohammad Sanusi Barkindo, Secretary General of the Organization of the Petroleum Exporting Countries at the plenary session entitled "The main factors for the development of a sustainable future ...

‘More than $30bn invested in Southern Gas Corridor project until April’

31.05.2018 [09:59]
“More than $30 billion dollars have been invested in the Southern Gas Corridor project until April,” said Director General of “Southern Gas Corridor” CJSC Afgan Isayev as he addressed the 25th Caspian Oil and Gas Exhibition in Baku ...

Walter Peeraer: 73 per cent of works on TAP project have been successfully implemented

31.05.2018 [09:52]
“As much as 73 percent of the Trans Adriatic Pipeline (TAP) project, which envisages transportation of natural gas from Azerbaijan's Shah Deniz Stage 2 to the EU countries, has been successfully implemented,” TAP President Walter Peeraer ...

® Bakcell supports “ActInSpace 2018 Azerbaijan” international innovation contest held at UFAZ

30.05.2018 [18:58]
Bakcell, the First Mobile Operator and Leading Mobile Internet Provider of Azerbaijan, has supported the “ActInSpace 2018 Azerbaijan” international innovation contest held in Baku for the first time since its creation in 2014, organized and hosted by ...

Mohammad Barkindo: We are delighted that OPEC and non-OPEC countries cooperation is strongly supported by President Ilham Aliyev

30.05.2018 [17:44]
“The Organization of the Petroleum Exporting Countries` (OPEC) cooperation with Azerbaijan is growing stronger and stronger. We are delighted that the OPEC and non-OPEC countries cooperation (OPEC+) is strongly supported by President Ilham Aliyev,” ...

GECF Secretary General: Azerbaijan has become an international natural gas hub

30.05.2018 [12:36]
“Azerbaijan has become an international natural gas hub,” Secretary General of the Gas Exporting Countries (GECF) Forum Yury Sentyurin said in his remarks at the 25th International Caspian Oil and Gas conference’s plenary session on ...

25th Anniversary International Caspian Oil & Gas Conference kicks off in Baku

30.05.2018 [12:21]
The 25th Anniversary International Caspian Oil & Gas Conference kicked off in Baku. Over 49 speakers will deliver lectures at the conference, attended by 500 representatives, that is, high-ranking officials of different countries, heads of state oil and gas authorities ...

SOCAR, Japanese JOGMEC sign MoU

30.05.2018 [11:40]
Azerbaijan`s state oil firm SOCAR and Japan Oil, Gas and Metals National Corporation (JOGMEC) have signed a Memorandum of Understanding on the sidelines of the 25th Anniversary Caspian Oil and Gas Conference in Baku ...

Bakcell makes WhatsApp free in roaming

29.05.2018 [20:43]
Bakcell, the First Mobile Operator and Leading Mobile Internet Provider of Azerbaijan has introduced the new Roaming packages, to make roaming services even more accessible and advantageous for its customers ...

Caspian Oil and Gas Exhibition and Conference kicks off in Baku

29.05.2018 [16:49]
The International Caspian Oil & Gas Exhibition and Conference, the largest energy event in the Caspian region, marks its 25th anniversary this year. The exhibition has today kicked off at Baku Expo Center. Over the 25 years of its successful operation, this ...

Special issue of Caspian Energy journal comes out

29.05.2018 [16:00]
Caspian Energy journal’s special issue dedicated to the 25th anniversary of the international Caspian Oil & Gas exhibition and conference was presented to President of the Azerbaijan Republic, Chairman of the Caspian European Club Ilham Aliyev at the ...

BP-Azerbaijan Vice-President: Drilling of wells at block D230 is not planned for this year

29.05.2018 [10:07]
Drilling of wells at the D230 block in the North Absheron basin is not planned for this year in the Azerbaijani sector of the Caspian Sea, BP-Azerbaijan Vice-President on Public relations, International relations and Strategy Bakhtiyar Aslanbeyli said. He ...

President Ilham Aliyev: Southern Gas Corridor to be inaugurated tomorrow

28.05.2018 [20:50]
“The opening ceremony of the Southern Gas Corridor will be held tomorrow,” said Azerbaijani President Ilham Aliyev as he addressed an official reception held on the occasion of the 100th anniversary of the Azerbaijan Democratic Republic. “We have managed to connect the seas with oil and gas pipelines ...