SOCAR TO OPEN ITS OFFICE IN ROMANIA

05.04.2007 [12:32]
The State Oil Company of Azerbaijan Republic is going to open its office in Romania. It will help deliver Azerbaijani oil to the European markets. Romania is a friendly country to Azerbaijan and has a huge oil production and refining experience ...

SOCAR EXPORTS 119,563 TONS OF OIL FROM NOVOROSSIYSK IN MARCH

05.04.2007 [12:07]
The State Oil Company of Azerbaijan exported 119,563 tons of crude in March from Russia’s Novorossiysk seaport. Oil export has made up 183,431 tons since the beginning of the year ...

BRITISH COMPANY TO BUY SOCAR OIL

01.04.2007 [15:24]
Azerbaijan’s State Oil Company (SOCAR) said British company Glencore Energy UK Ltd has won its tender to buy 450,000 barrels of Azerbaijani crude oil (REBCO) ...

SOCAR PRESIDENT MEETS WITH HEADS OF POLISH COMPANIES

01.04.2007 [13:36]
President of the State Oil Company of Azerbaijan Republic Rovnag Abdullayev met with heads of largest oil and gas companies of Poland. Polish businessmen said Polish and Azerbaijani oilmen share a long history of bilateral cooperation ...

GERMAN COMPANY WINS TENDER

30.03.2007 [19:43]
German Company 'Select Energy GmbH' won tender on export of one mln barrels of the crude oil 'Azeri Light', which is to be dispatched from Ceyhan port, April 15-17, marketing ...

AGREED QUANTITIES OF GAS DELIVERED TO GEORGIA

30.03.2007 [12:12]
According to the agreement, 105-million cubic meters of gas must be delivered to Georgia from Azerbaijan. To date, 99-milion cm of gas has been exported to Georgia. ...

BAKU-SUPSA PIPELINE TO RESUME OIL TRANSPORTATION BY LATE APRIL

30.03.2007 [10:48]
Oil transportation via the Baku-Supsa pipeline may be resumed in late April, according to the Ministry of Industry and Energy of Azerbaijan. 837km-long pipeline running through Georgia was suspended for repairs because of the technical fault. ...

AZERBAIJAN’S NATURAL GAS TO BE SHIPPED TO GREECE

28.03.2007 [20:32]
Addressing the sixth international oil and gas conference in Turkey on March 27, Turkey’s Minister of Energy and Natural Resources Hilmi Guler said Azerbaijan’s natural gas would be transported to Greece from July. ...

BTC TO BE ABLE TO TRANSPORT 1.6 BARRELS OF CRUDE OIL

26.03.2007 [19:18]
It is possible to transport 1.6 million barrels of crude via the BTC pipeline, Salih Pashaoglu, director general of Turkey`s BOTAS company said at the international conference. ...

AZERBAIJAN NATIONALS FORM 80 PERCENT OF WORKFORCE EMPLOYED BY ACG PROJECT

25.03.2007 [15:07]
Phase-3 construction work will have been completed by the end of the year. Oil production will start next year in the deepwater Guneshli field Azeri-Chirag-Guneshli project employs 8400 . ...

NEW ZEALAND COMPANY WINS SOCAR’S TENDER

24.03.2007 [15:24]
Azerbaijan’s State Oil Company (SOCAR) has named the winner of its tender who will transport 1 million barrels of Azerbaijani crude oil (Azeri Light) from the Turkish port of Ceyhan in April ...

ACG OPERATING EXPENDITURE EXPECTED TO BE $396M IN 2007, BP AZERBAIJAN

24.03.2007 [15:00]
BP Azerbaijan said it expects the ACG (Azeri-Chiraq-Gunashli) operating expenditure to be $396 million in 2007, and plans to spend $2.579 million in capital expenditure on ACG activities this year ...

SOCAR PAID ABOUT 61M AZN IN TAXES TO STATE BUDGET LAST MONTH

24.03.2007 [14:46]
The State Oil Company of Azerbaijan Republic said it transferred 60,846,000 AZN in taxes to the state budget last month ...

OIL REFINERIES OUTSTRIP PRODUCTION TARGET BY 34.9%

23.03.2007 [16:26]
Production of petroleum asphalt was 141,600 tons in January-February with the target beaten by 134.9%. Production soared by 3.66 thousand compared with the same 2006 spell. ...

AZNEFTYAG BEATS TARGET BY 108.1%

23.03.2007 [16:05]
Azneftyag oil-refinery refined 5,036,400 tons of crude, thus, beating the target by 108.1%, State Oil Company of Azerbaijan Republic said. Production increased by 376,400 tons from a year ago. Gasoline, kerosene, diesel, mazut, petroleum . ...

SOCAR ANNOUNCES TENDERS FOR AZERI LIGHT AND REBCO CRUDE

21.03.2007 [12:41]
The State Oil Company of Azerbaijan announced tender for purchase of 450 thousand barrels of REBCO crude from Novorossiysk seaport and 1 million barrels of Azeri light from Ceyhan seaport ...

SOCAR CONCLUDES AGREEMENT WITH THAILAND COMPANY

13.03.2007 [15:22]
The State Oil Company of Azerbaijan (SOCAR) has signed agreement with PTT Public Company Limited of Thailand to export the crude oil. The agreement envisages export of 1 mln brl of ...

SOCAR ANNOUNCES TENDER

10.03.2007 [19:35]
The State Oil Company of Azerbaijan announced tender from April 8 to 10 for 1 million barrels of Azeri light crude from Ceyhan terminal ...

ABOUT 682M CUBIC METERS OF GAS PRODUCED LAST MONTH, SOCAR

10.03.2007 [15:10]
The Azerbaijan State Oil Company said the amount of gas produced in the country made 681.44 million cubic meters in February. The monthly gas production plan was exceed of as much as 5.9 percent, the Company said. ...