AZERI EXPERTS TO ATTEND OIL AND GAS 2008 EXHIBITION IN ALMATY

01.10.2008 [20:06]
Experts of the Ministry of Industry and Energy will attend the International Oil & Gas Exhibition and Conference which will bring together representatives from 32 countries in Almaty, Kazakhstan, next week ...

TURKEY TO HOST OIL & GAS SUMMIT

01.10.2008 [20:05]
The Turkish city of Antalya will host an oil and gas summit next week that will bring together energy ministers of 15 countries and representatives of more than 600 companies. Ismail Bahtiyar, President of the Turkish ...

OIL PRODUCTION FROM AZERI-CHIRAG-GUNASHLI STABILIZED

25.09.2008 [21:10]
Oil production from the Azeri-Chirag-Gunashli offshore fields in the Caspian Sea has completely stabilized at a rate of 900,000 barrel per day, Tamam Bayatly, PR Manager at BP-Azerbaijan has told AzerTAc reporter. “Currently, oil is being extracted from five ...

FIRST BLOCK OF “UMID-1” PLATFORM PUT INTO EXPLOITATION

25.09.2008 [12:53]
Factory of Deepwater Jackets named after Heydar Aliyev put the first block of “Umid-1” three-storeyed dwelling platform into exploitation. Construction works have been completed within 9 months. The weight of platform established for “Umid-1” is 3 000 tons. The two sectional ...

BP-AZERBAIJAN HOLDS PUBLIC DISCUSSIONS ON CHIRAG OIL PROJECT

24.09.2008 [16:24]
Bp-Azerbaijan held public meeting on the Environmental and Social Impact Assessment for Chirag oil project included to Azeri-Chirag-Guneshli deposits in Azerbaijan sector of Caspian Sea with Azerbaijan International ...

SOFAZ`S ASSETS TO REACH USD$13 BILLION THIS YEAR

21.09.2008 [15:50]
The Azerbaijan State Oil Fund`s (SOFAZ) assets are expected to rise 30 percent to $13 bln this year. According to SOFAZ Executive Director Shahmar Movsumov, suspension of oil transportation because of the fire in the Turkish ...

SOFAZ`S ASSETS TO REACH USD$13 BILLION THIS YEAR

21.09.2008 [15:41]
The Azerbaijan State Oil Fund`s (SOFAZ) assets are expected to rise 30 percent to $13 bln this year. According to SOFAZ Executive Director Shahmar Movsumov, suspension of oil transportation because of the fire in the Turkish ...

OIL PRODUCTION FROM ACG FIELD STABILIZED

21.09.2008 [15:07]
According to BP-Azerbaijan, oil production from Azeri-Chirag-Guneshli fields has been stabilized, reaching 900 thousand barrels per day. BP-Azerbaijan spokeswoman Tamam Bayatly said the company produces oil from five ...

OIL TRANSPORT TARGET OUTSTRIPPED

17.09.2008 [16:04]
According to the Azerbaijan’s State Oil Company (SOCAR), the Joint Ventures and operating Companies have transported 755,47 thousand tons of oil instead of 667 thousands tons in January-August this year in Azerbaijan, thus, beating the target by 113,3% ...

SOCAR ANNOUNCED TENDER FOR AZERI LIGHT EXPORT

17.09.2008 [14:15]
The Department of Marketing and Operations of the State Oil Company of Azerbaijan (SOCAR) has announced a tender for export of 1 million barrel batch of Azeri Light crude oil to be dispatched from the Turkish port of Ceyhan on October 20-25, 2008 ...

AZERBAIJAN’S GAS RESERVES ESTIMATED AT SOME 3.4 TRILLION CBM

16.09.2008 [12:16]
Natural gas reserves lying in the Azerbaijan sector of the Caspian sea is estimated at 2.5-3.4 trillion cubic meters, Mr. Natig Aliyev, Minister of Energy and Industry told AzerTAc. According to him, major sources of natural gas ...

INTERNATIONAL CONFERENCE ON OIL AND GAS POTENTIAL OF AZERBAIJAN AND TURKMENISTAN WRAPS UP IN BAKU

11.09.2008 [10:20]
The international conference “Oil and gas potential of Azerbaijan and Turkmenistan: energy, economy, ecology. Strategic cooperation” ended Wednesday in Baku. Discussions were held during the last meeting on “Regional cooperation in developing ...

INTERNATIONAL CONFERENCE ON OIL AND GAS POTENTIAL OF AZERBAIJAN AND TURKMENISTAN IS OF BOTH POLITICAL AND ECONOMIC IMPORTANCE, KHALAF KHALAFOV

10.09.2008 [23:12]
Azerbaijan`s Deputy Foreign Minister Khalaf Khalafov told AzerTAc the international conference “Oil and gas potential of Azerbaijan and Turkmenistan: energy, economy, ecology. Strategic cooperation” is of both political and economic importance. He stressed the event ...

BAKU HOSTS INTERNATIONAL CONFERENCE ON OIL AND GAS POTENTIAL OF AZERBAIJAN AND TURKMENISTAN

09.09.2008 [22:55]
The international conference “Oil and gas potential of Azerbaijan and Turkmenistan: energy, economy, ecology. Strategic cooperation” started Tuesday at the Gulustan palace in Baku. Prior to the start of the event initiated by the ...

BAKU TO HOST INTERNATIONAL CONFERENCE

08.09.2008 [23:25]
An international conference on “Oil and gas potential of Azerbaijan and Turkmenistan: energy, economy, ecology and strategic cooperation” will be held on September 9-10 in Baku. The event will bring together ...

GAS TRANSFER TO STATE MAKES UP OVER 880 CM IN AUGUST

07.09.2008 [16:06]
According to the SOCAR, gas transfer to the state made up 880,800,601 cubic meters in August 2008, which 570, 645,556 cm was produced by the SOCAR, while 310,155,045 cubic meters by the consortium. In total, gas ...

SOCAR`s WELL FUND MAKES 6,052 IN AUGUST

05.09.2008 [11:58]
As of August SOCAR`s well fund (except Joint Ventures and Operation Companies) makes up 6,052 wells. Of them, 4,798 wells are within active fund and 1,237 wells are within passive ...

AZERKIMYA TO SIGN MEMORANDUM OF COOPERATION AND CONFIDENTIALITY WITH LEADING PETROCHEMICAL COMPANIES

04.09.2008 [20:19]
Azerbaijan`s state petrochemical company Azerkimya is due to sign a memorandum of cooperation and confidentiality in London tomorrow with the world`s leading companies to build a petrochemical complex in Sumgayit. This was agreed today in the British capital during ...

KAZAKHSTAN TO JOIN BTC IN 2011

04.09.2008 [19:58]
The Kazakh oil will be transported through the Baku-Tbilisi-Ceyhan (BTC) main pipeline to the European markets from 2011. Kazakhstan`s Ambassador to Azerbaijan, Serik Primbetov, said his government plans to ...