SWISS COMPANY WINS SOCAR TENDER

13.05.2007 [16:44]
Azerbaijan’s State Oil Company (SOCAR) has named the winner of its tender who will export 1million barrels of Azerbaijani crude oil (Azeri Light) from the Turkish port of Ceyhan in June. According to SOCAR, oil will be shipped by Swiss “Vitol SA” company. ...

SOCAR CALLS TENDER FOR AZERI LIGHT CRUDE

06.05.2007 [12:40]
The State Oil Company of Azerbaijan has called a tender for the sale of 1 million barrels of Azeri Light crude on June 1-7 from the Ceyhan seaport ...

BELARUS KEEN ON JOINT DEVELOPMENT OF OILFIELDS IN AZERBAIJAN

03.05.2007 [22:46]
Rovnag Abdullayev, President of the State Oil Company of Azerbaijan (SOCAR), met May 3 with Vladimir Volkov, deputy chairman ...

SOFAZ REVENUE AND EXPENDITURE STATEMENT FOR JANUARY-MARCH 2007

30.04.2007 [19:59]
Budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for the period of January-March, 2007 reached 373, 6 million manats (AZN), while budget expenditures constituted AZN 147, 7 mln, Shahmar Movsumov, SOFAZ’ s Executive Director said ...

BTC’S TRANSPORT CAPACITY PLANNED TO REACH 1.2 MILLION PER DAY, AIOC

29.04.2007 [17:40]
Azerbaijan International Operating Company (AIOC) said the Baku-Tbilisi-Ceyhan oil pipeline’s transport capacity is planned to be increased to 1.2 million barrels per day. Today, the BTC pipeline transports ...

AZERBAIJAN-JORDAN ENERGY COOPERATION EXPANDING

26.04.2007 [12:32]
Ambassador of Azerbaijan to the Kingdom of Jordan Elman Arasli met with this country’s Minister of Energy and Mineral Resources Khalid Shraideh, the Embassy said ...

RUSSIAN OIL COMPANY “RUSNEFT” TO OPEN ITS OFFICE IN BAKU

26.04.2007 [10:38]
The office of the Russian oil giant “Rusneft”, which participates jointly with SOCAR in the development of the Azerbaijan onshore Govsany-Zykh fields, will be opened May 3 in Baku ...

BAKU HOSTS 1ST CASPIAN OIL TRADING AND TRANSPORTATION CONFERENCE

23.04.2007 [18:52]
The 1st Caspian Oil Trading and Transportation Conference organized by the Confidence Energy Ltd and Azerbaijan State Oil Academy (ASOA) began April 23 in Baku. The official sponsor of the conference is Gross Caspian ...

SOCAR ANNOUNCES WINNER OF TENDER

22.04.2007 [13:58]
The State Oil Company of Azerbaijan has announced a tender for 2 million barrels of Azeri Light crude from the Ceyhan seaport. Arcadia Petroleum Limited company has become a winner of the tender. ...

ACG FIELDS PRODUCE 8.2 MILLION TONS OF CRUDE IN FIRST QUARTER

22.04.2007 [12:49]
Azeri-Chirag-Guneshli fields produced 8.2 million tons of oil in the first quarter of the year, up by 43.5% from a year ago, Azerbaijan International Operating Company reported. AIOC produced 20.26 million tons of crude in 2006 from the Caspian. ...

FIRST CASPIAN OIL TRADING AND TRANSPORTATION CONFERENCE TO BE HELD IN BAKU

21.04.2007 [13:26]
British company Confidence Energy Ltd and Azerbaijan State Oil Academy will hold the First Caspian Oil Trading and Transportation Conference in Baku 23-24 April ...

OIL PRODUCTION TO BE 5.9 BILLION CUBIC METERS IN 2007, SOCAR

20.04.2007 [16:55]
The State Oil Company of Azerbaijan said the volume of gas to be produced in the country will be 5.9 billion cubic meters this year ...

BTC CO. STOPS EXPORTING OIL THROUGH BAKU-NOVOROSSIYSK AND BAKU-BATUMI ROUTES

19.04.2007 [22:59]
BTC Co. has stopped exporting oil via Baku-Novorossiysk pipeline and Baku-Batumi railroad redirecting its flow completely through the Baku-Tbilisi-Ceyhan pipeline, according to BP-Azerbaijan. ...

SOCAR-TURGAS PLANS TO BUILD OIL REFINARY AT CEYHAN TERMINAL

19.04.2007 [22:57]
Azerbaijan-Turkey Joint Venture SOCAR-TURGAS officially applied to Turkey’s Energy Market Regulatory Authority (EPDK) for construction of a $4 billion oil refinery at the Ceyhan oil terminal after ...

“SOCAR-TURGAS” COMPANY FILES REQUEST FOR CONSTRUCTION OF OIL REFINERY AT CEYHAN SEAPORT

19.04.2007 [13:51]
Socar-Turgas joint company of the Azerbaijan State Oil Company and Turkey’s Turgas company has submitted a formal request on construction of the oil refinery worth $4 bln in the Heydar Aliyev Ceyhan terminal to the Energy Market Regulation Agency of Turkey (EPDK) ...

EITI BECOMES INTERNATIONAL STANDARD

17.04.2007 [22:24]
The 2nd meeting of the Extractive Industries Transparency Initiative (EITI) Board was held on April 11, 2007 in Berlin, Germany. Shahmar Movsumov, Chairman of the EITI National ...

BP KEEN ON EXPANSION OF OPERATIONS IN AZERBAIJAN

17.04.2007 [19:24]
President of the State Oil Company of Azerbaijan Rovnag Abdullayev met with Andy Inglis, chief executive of the BP`s Exploration and Production business and President of BP-Azerbaijan Bill Schrader. ...

SOCAR ANNOUNCES TENDER FOR AZERI LIGHT CRUDE

17.04.2007 [17:47]
The State Oil Company of Azerbaijan Republic has announced a tender for 2 million barrels of Azeri light crude to be exported from Ceyhan seaport in late May in 2007. ...

SOCAR PRESIDENT MEETS WITH BP OFFICIALS

17.04.2007 [15:29]
President of Azerbaijan`s State Oil Company (SOCAR) Rovnag Abdullayev met with chief executive of BP`s Exploration & Production business Andy Inglis and BP`s President in Azerbaijan Bill Schrader ...