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Azerbaijan
Oil Price
Azerbaijani Oil Prices Increase
The price of Azeri LT CIF Augusta grew by $0.12 on December 23 compared to the previous price, amounting to $87.34 per barrel, Trend reports referring to the so…
Natural Gas
Azerbaijan Needs Investment in Order to Boost European Gas Flows
Azerbaijan will need investment and long-term purchase commitments if it is to double its natural gas supply to the European Union.
Hydrogen Project
ACWA Power, EBRD Sign Sustainable Infrastructure Financing Deal
Focus countries are Uzbekistan, Azerbaijan, and Egypt.
Crude Oil
The Burgeoning Energy Partnership Between Azerbaijan and the EU
As the European Union continues to pursue new sources of energy to replace Russian oil and gas, it is expanding its energy partnership with Azerbaijan.
Solar Power Plant
ADB, Masdar to Build 230MW Solar Power Plant in Azerbaijan
The loan financing the project is worth $21.4m.
Natural Gas
EU Gas Dependence on Russia Falls by 50%
EU countries have made headway in buying more pipeline gas from Norway, Algeria and Azerbaijan.
Hydrogen Production
UAE’s Masdar to Develop 4 GW of Renewable and Green Hydrogen Projects in Azerbaijan
The UAE's Masdar said June 5 that it has signed two agreements to develop 4 GW of renewables projects in Azerbaijan.
Azerbaijan
Masdar Breaks Ground for 230MW Solar Project in Azerbaijan
United Arab Emirates-based energy firm Masdar held a groundbreaking ceremony for the construction of the 230-megawatt (MW) solar plant project in Azerbaijan.
Azerbaijan
Masdar Starts Building 230-MW Solar Farm in Azerbaijan
Abu Dhabi Future Energy Company PJSC (Masdar) announced that it has launched the construction of the 230-MW Garadagh solar farm in Azerbaijan, and signed new ag…
Crude Oil
National Daily Oil Output Totals 684,100 Barrels
Azerbaijan's daily oil production, including condensate, amounted to 684,100 barrels in February 2022, the Energy Ministry has reported.
Natural Gas
Gas Production in Azerbaijan Increased by 12.9%
According to the operative data, Azerbaijan produced 2.9 million tons of oil (including condensate) in January 2022, the Ministry of Energy told AZERTAC.
Wind Farm
Saudi’s ACWA Power Breaks Ground on $300m Wind Farm in Azerbaijan
Project represents the first and largest foreign investment made in Azerbaijan’s renewable energy sector to date
Electricity Trade
Iran Ready to Exchange Electricity with Neighboring Countries
Iran can exchange electricity with Armenia, Afghanistan, Turkmenistan, Iraq, Azerbaijan, and Turkey, said Iranian Energy Minister Ali Akbar Mehrabiyan, IRNA rep…
Oil & Gas Trade
Iran Signs Gas Swap Deal with Turkmenistan, Azerbaijan
Iran has signed a tripartite agreement with neighbours Azerbaijan and Turkmenistan to facilitate the movement of gas between the two countries.
Oil Field
Iran, Azerbaijan Eye Joint Development of Oil and Gas Fields in Caspian Sea
Iran and Azerbaijan, members of the OPEC+ alliance, are looking at finalizing "soon" a number of energy deals, including joint development of an oil field in th…
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