Resource-rich Azerbaijan is envisaging producing more gas and less oil in 2017, according to the energy minister Natiq Aliyev.
read more... 26/01/2017
Azerbaijan began purchasing natural gas from Iran earlier this year so as to cover its domestic requirements, state energy company SOCAR's vice president said on Tuesday.
read more... 28/12/2016
Azerbaijan’s energy major SOCAR and BP-operated Azerbaijan International Operating Company (AIOC) signed a deal to extend the development the Azeri biggest fields by a quarter of century to 2050.
read more... 26/12/2016
Iran and Turkmenistan have inked a gas swap deal, under which Iran takes 3 million cubic meters/ d from Turkmenistan on its northeast border and will supply the same amount to Azerbaijan from its own reserves at the other side of the country.
read more... 20/10/2016
Gas from Azerbaijan’s giant Shah Deniz 2 in the Caspian Sea will enter the Balkan Gas Hub in Bulgaria by 2020, as assured by Azerbaijan’s state oil company SOCAR.
read more... 03/10/2016