‘THE EU COULD ANNOUNCE A DECISION ON THE NABUCCO PROJECT DURING ITS ENERGY SECURITY SUMMIT’

12.02.2009 [12:18]
The European Union could announce a decision on the Nabucco gas project during its energy security summit to be held on May 7 in the Czech Republic, EU`s Energy Commissioner Andris Piebalgs said ...

SOCAR ANNOUNCES TENDER FOR AZERI LIGHT EXPORT

11.02.2009 [20:39]
SOCAR`s Marketing & Economic Operations Department has announced a tender for export of 1mln barrels of Azerbaijani crude oil (Azeri Light) from the Turkish port of Ceyhan on March 8-10 ...

SWISS COMPANY WINS SOCAR`S TENDER

11.02.2009 [20:15]
Swiss Taurus Petroleum Ltd has won SOCAR`s tender to export 600,000 barrels of Azerbaijani crude oil (Azeri Light) from the Supsa port on March 6-7 ...

NEW WELL PUT INTO OPERATION IN GUNASHLI FIELD

11.02.2009 [12:58]
SOCAR has put into operation the high-flow-rate well #249 in Gunashli field through the platform #13 for 28 May OGED. The daily flow rate of the well is 50 tons of condensate and 200 thousand cubic meters of gas ...

BULGARGAZ OFFICIALS TO ARRIVE IN BAKU

10.02.2009 [20:03]
Officials of Bulgarian Bulgargaz company will make a trip to Azerbaijan in the second half of February. The aim of the visit is to hold negotiations with the State Oil Company and Ministry of Industry and Energy over the purchase of 1 billion cubic meters of ...

SOCAR EXPORTS OVER TWO MILLION TONS OF CRUDE IN JANUARY

08.02.2009 [14:12]
The State Oil Company of Azerbaijan used various export routes to ship a total of 2,080,255 tons of oil to the world markets. SOCAR exported 22,588,176 tons of crude in 2008. Baku-Tbilisi-Ceyhan main export pipeline ...

NEW ZEALAND COMPANY WINS SOCAR`S TENDER

06.02.2009 [22:29]
New Zealand company Sumato Energy Group Ltd has won SOCAR`s tender to export 1million barrels of Azerbaijani crude oil (Azeri Light) from the Turkish port of ...

AZERBAIJAN MINISTER OF INDUSTRY AND ENERGY MEETS TURKISH PM`s ADVISOR

06.02.2009 [14:17]
Azerbaijan Minister of Industry and Energy Natig Aliyev met Thursday with Advisor to Turkish Prime Minister, member of the commission for issues of industry, trade, energy, natural resources, science and ...

NABUCCO GAS PIPELINE TO BE CONSTRUCTED IN 2011, RAINHARD MITSCHEK

05.02.2009 [14:26]
There`s a realistic chance that the financial close of the Nabucco gas pipeline project is due just before the end of 2009 and construction could start in 2011, Rainhard Mitschek, who heads the Nabucco project, told press conference in Ankara. Rainhard Mitschek also ...

AZERI LIGHT CRUDE TRADES AT $46.6 A BARREL

04.02.2009 [22:45]
A barrel of Azeri Light crude oil sold for $ 46.6 in the world market. The price for barrel of British Brent oil made $ 44.6, while American Texas oil traded at $40.63 per barrel ...

“EFFORTS ON TRANSFORMATION CEYHAN TO INTERNATIONAL POWER CENTER CONTINUE,” TURKISH PREMIER

04.02.2009 [12:51]
In his statement in country`s parliament the Prime Minister of Turkey Recep Tayyip Erdogan stated that his country was the active participant of such grandiose projects as Baku-Tbilisi-Ceyhan, Baku-Tbilisi-Erzurum, and, continuing work on new power projects ...

SWISS COMPANY WINS SOCAR`S OIL EXPORT TENDER

03.02.2009 [13:30]
Switzerland’s “Vitol S. A.” Company became a winner of SOCAR`s tender for the export of 432 thousand barrels of REBCO crude ...

OIL PRODUCTS EXPORTED IN JANUARY

03.02.2009 [12:23]
In January 2009, Marketing and Financial Operations Department of SOCAR exported 15 thousand 905 tons of motor gasoline, 128 thousand 761 tons of ...

EXPORT OF CRUDE OIL FROM NOVOROSSIYSK PORT IN JANUARY

03.02.2009 [12:22]
Marketing and Financial Operations Department of SOCAR exported 167 thousand 186 tons of crude oil from the Novorossiysk port in January, 2009. In January, 1 barrel Brent crude was ...

SOCAR INCREASES PETROLEUM ASPHALT PRODUCTION IN 2008

02.02.2009 [13:14]
According to State Statistical Committee, SOCAR exported 220,400 tons of petroleum asphalt in 2008, up by 20.5% on the same period last year ...

SOCAR PRODUCES 55.2 THOUSAND TONS OF LUBRICATING OIL IN 2008

02.02.2009 [13:03]
According to State Statistical Committee, SOCAR produced 55,200 tons of lubricating oil in 2008 of which 52,100 tons was refined by state sector, 3,100 tons by non-state sector ...

SOCAR PRESIDENT MEETS NICO MANAGING DIRECTOR

30.01.2009 [19:22]
President of State Oil Company of Azerbaijan (SOCAR) Rovnaq Abdullayev met Friday with Mohammad Javad Asemipour, managing director of Iran`s Naftiran Intertrade ...

SOFAZ EXECUTIVE DIRECTOR GIVES PRESS CONFERENCE

28.01.2009 [21:03]
Shahmar Movsumov, Executive Director of Azerbaijan`s State Oil Fund gave a press-conference on January 28 dealt with results of 2008. Budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for the period of ...

UK`s COMPANY WINS SOCAR`S OIL EXPORT TENDER

28.01.2009 [14:02]
UK`s “Glencore Energy UK Ltd” Company became a winner of SOCAR`s tender for the export of 600 thousand barrels of REBCO crude oil through Novorossiysk port on February 18-22, 2009 ...