Latest news
Total will extract gas at Azerbaijani Absheron field in early 2020
Gas extraction on the first gas well of Azerbaijan's Absheron gas field in Caspian Sea will start at the beginning of 2020, as stated by development operator Total at a public hearing on Project’s environmental impact report in Baku on February 20.
read more... 21/02/2018
SGC project is being implemented before the plan
The Southern Gas Corridor (SGC) project is going to be implemented ahead of schedule, as stated today during a press conference in Baku by the Regional President of BP for Azerbaijan, Georgia and Turkey Gary Jones.
read more... 16/02/2018
SOCAR signs major agreement within modernization of Baku Refinery
Azerbaijan’s state oil firm SOCAR has inked an EPC (engineering, procurement and construction) with Italy’s Maire Tecnimont for the construction of new installations as part of the reconstruction and upgrading of Heydar Aliyev Baku Oil Refinery, according to a message from SOCAR.
read more... 02/02/2018
Iran eyes purchasing and storing gas in Azerbaijan
Iran has expressed its interest in buying Azerbaijani gas and is considering the option to store its gas in the underground gas storage facilities of this country, declared Iran's Deputy Minister of Industry, Mine and Trade Mojtaba Khosrow-Tajat a press conference in Baku.
read more... 24/06/2014
Azerbaidjan: oil&gas, chemical plant to be build near Baku
Azeri state energy firm SOCAR intends to construct a huge complex processing oil, gas and petrochemicals near the capital Baku valued at $14.4 billion, which is estimated to be finished in 2023.
read more... 02/05/2014