Category: Energy

SOCAR Trading Expects Oil Prices to Rise to $ 100 per Barrel
Energy

SOCAR Trading Expects Oil Prices to Rise to $ 100 per Barrel

SOCAR Trading SA (a trading subsidiary of SOCAR) expects oil prices to rise to $80 per barrel in 2021, and to over $100 per barrel ... Read More

BP, Azerbaijan To Co-Op On Decarbonization Of Energy, Mobility Systems
Energy

BP, Azerbaijan To Co-Op On Decarbonization Of Energy, Mobility Systems

Today, the Ministry of Energy of the Republic of Azerbaijan and BP signed a Memorandum of Understanding to cooperate in assessing the potential and conditions ... Read More

TANAP could supply hydrogen to Europe
Energy

TANAP could supply hydrogen to Europe

Without the need for further investments, one-fifth of the pipeline capacity of the Azerbaijan-to-Europe Trans Anatolian Natural Gas Pipeline (TANAP) can be used to transport ... Read More

US Embassy: Southern Gas Corridor is Impressive Technological, Diplomatic Achievement
Energy

US Embassy: Southern Gas Corridor is Impressive Technological, Diplomatic Achievement

The Southern Gas Corridor is an impressive technological and diplomatic achievement, the US Embassy in Baku said in a statement, according to Azerbaijan in Focus, ... Read More

In January, Ukraine Purchased Oil Only from Azerbaijan
Energy

In January, Ukraine Purchased Oil Only from Azerbaijan

According to Azerbaijan in Focus, reporting Trend News, in January this year, Ukraine imported crude oil for the amount of 34.34 million US dollars. According ... Read More

President Aliyev: Gas From Azerbaijan Is New, Reliable, Long-Lasting Source For Europe
Energy

President Aliyev: Gas From Azerbaijan Is New, Reliable, Long-Lasting Source For Europe

We will continue to develop our energy resources, President of the Republic of Azerbaijan Ilham Aliyev said during a speech at the 7th Ministerial Meeting ... Read More

President Ilham Aliyev: The Completion of TAP, The Last Segment Of The Southern Gas Corridor Is A Historical Achievement
Energy

President Ilham Aliyev: The Completion of TAP, The Last Segment Of The Southern Gas Corridor Is A Historical Achievement

“I remember the first meeting of the Southern Gas Corridor Advisory Council, when we just started our joint work, and today looking back we see ... Read More