Energy and Infrastructure

Azerbaijan Energy and Infrastructure

Azerbaijan Energy and Infrastrucuture News

BP Considers Drilling Several Exploration Gas Wells in Azerbaijan

BP aims at carrying out drilling operations for six new exploration wells in Azerbaijan through 2020, according to Bloomberg. In Azerbaijan, the British energy giant...

ECC set to okay import of Azerbaijan fuel on credit

Finance Minister Asad Umar will preside over the ECC meeting that would also review a status report on export of public sector wheat stocks, arrangement...

Petkim driving development of Turkish and Azerbaijani economies

Azerbaijani state company SOCAR invests in Turkey through its subsidiary SOCAR Turkey Energy, which started operating under Petkim in 2008. Petkim Petrochemical complex, a subsidiary...

BP considers Azerbaijan for investment in renewable energy sources

British Petroleum and the Government of Azerbaijan have agreed to jointly investigate opportunities for developing the country's renewable energy sources. The energy company signed a...

Azerbaijan to invest in billion-dollar modern greenhouse development in Dagestan

An investor from Azerbaijan is implementing a project in the Derbentsky district of Dagestan to build a modern greenhouse plant for the production of tomatoes....

SOCAR, San Marino state company ink memorandum of understanding

Azerbaijan's State Oil Company (SOCAR) has signed a memorandum of understanding with the Public Utilities Autonomous State Corporation (AASS) of San Marino. The Azerbaijani Embassy...

BP eyes to drill 2 exploration wells in shallow waters around Absheron Peninsula

BP plans to drill two exploration wells in shallow waters around Absheron Peninsula in 2019, Bakhtiyar Aslanbayli, BP vice president for Communications, External Affairs and...

Azerbaijani oil prices down

The price of the AZERI LT CIF oil, produced at the Azeri-Chirag-Gunashli block of oil and gas fields, amounted to $61.25 per barrel at the...

Azerbaijan deputy energy minister abruptly dismissed

Natig Abbasov has been abruptly dismissed from his long-standing position as Deputy Energy Minister of Azerbaijan, according to a statement by the Energy Ministry of...