SOCAR exported 224.452 tons of crude oil from Novorossiysk port in May 2009, the Company`s Marketing and Operations Department said. Crude export via Novorossiysk port came to 1.057.977 tons in January-May, 2009. In May, 1 barrel Brent crude cost ...

Azerbaijan produced 881,665,147 cubic meters of gas last month, according to the country`s state oil firm, SOCAR. Over 60 percent of the total volume of the gas produced was extracted by SOCAR, while the rest nearly 40 percent by the Azerbaijan ...

Azerbaijan will produce 27 billion cubic meters of gas this year, according to Elshad Nasirov, vice-president of the country`s state oil firm, SOCAR. “Some 8 billion cubic meters of this amount will go on export,” said Nasirov ...

On the sidelines of the 13th international economic forum in Saint Petersburg, President of the State Oil Company of Azerbaijan Rovnag Abdullayev met with Chairman of the Gazprom`s Board Alexey Miller. The sides hailed cooperation on Gazprom`s ...

The Russian “Rostranmash-trade” Company is keen to launch representation in Baku to expand its activity, Company`s official Alexander Shusharin said. Pointing out to the cooperation, Shusharin said ...

The 16th International Caspian oil and gas conference ended here on Thursday. The second day of the conference was devoted to the subject of “Diversifying European Energy Supply”. The participants heard reports on ...

State Oil Company of Azerbaijan (SOCAR) plans to put into operation 15 new filling stations under SOCAR brand in Georgia in 2009, SOCAR President Rovnag Abdullayev said. At present, SOCAR runs over 26 filling stations in Georgia through its subsidiary SOCAR ...

The 16th International Caspian oil and gas conference started here on Wednesday. The first day of the conference was devoted to the subject of “Reserves of the Caspian Basin: exploration, production and investments” ...

“Participants of the Contract of the Century have offered government to lengthen term of the project”, Executive director of State Oil Fund of Azerbaijan (SOFAZ) Shahmar Movsumov said. He added “the contract will end on 2024. We do not hurry to lengthen the term of the ...

President of State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev met US Special Envoy for Eurasian Energy Richard Morningstar. They discussed transportation of Azerbaijan`s gas to Europe and exchanged views over Nabucco and TGI projects ...

Baku, June 2 (AzerTAc). “The 16th International Caspian Oil, Gas, Oil Refining, Oil Chemistry Exhibition and Conference is well-organized,” said Jeyhun Guliyev, representative of Saipem, Italian oil and gas contractor. “The event is very important for Azerbaijan - the country having very promising prospects in energy sector.” ...

The Caspian Oil and Gas exhibition aroused big interest across the world, Yoshiaki Murakami, co-coordinator of the Japanese company INPEX, told journalists here. “This is the magnificent event which welcomes the world`s leading companies,” said Murakami ...

The 2nd stage of SOCAR scholarship competition wrapped up. As a result of the first tour, 190 students could pass to the next tour where they were interviewed by the commission of the SOCAR employees ...

Oil exporting countries` organization (OPEC) will not reduce oil production until September current year. Despite decision the Cartel has adopted yesterday, the oil price did not decline. On the contrary, the oil prices went above $65 in the world stock exchanges ...

The 16th International Caspian Oil and Gas Exhibition and Conference Incorporating Refining and Petrochemicals will be organized by ITECA Caspian LLC in Baku, on June 2-5. The event will be held under the aegis of President of Azerbaijan ...

SOCAR refined 511,690 tons of oil in April, 2009. Refined oil products included 88,950 tons of motor gasoline, 197,660 tons of diesel oil, 35,410 tons of mazut, 23,290 tons of oil asphalt, 1,300 tons of lubricating oil, 6.340 tons of fuel ...

Azerbaijan`s Minister of Industry and Energy Natig Aliyev met Cuban delegation led by Richardo Gerego, co-chair of Azerbaijan-Cuba Intergovernmental Commission, Cuban Deputy Minister of Foreign Trade and Investment. The sides touched on significance of the ...

SOCAR produced 695,590,000 cubic meters of natural gas in April this year. SOCAR`s received 5, 750, 000 CM of gas from operating and joint companies and 346, 070, 000 cm of gas free of charge from the “Azeri-Chirag-Guneshli” field ...

SOCAR`s oil refineries have processed 2,012,320 tons of oil over the past four months. In previous months of this year, the plants refined 374, 660 tones of gasoline, 699, 790 tons of diesel fuel, 157, 980 tons of mazut, 62, 310 tons of oil bitumen, 17, 030 tons of oil coke ...