Azerbaijan

Photovoltaic （PV）

Azerbaijan to Commission Floating Photovoltaic Plant at Boyukshor Lake up to COP29

On the eve of the Baku COP29 summit, a 100 kW floating solar power plant (photovoltaic system) will be put into operation on the Boyukshor Lake, Trend reports v…

Carbon Emissions

COP29 Host Azerbaijan Plans to Upgrade Climate Target

Azerbaijan's Minister of Ecology and Natural Resources and COP29 President, Mukhtar Babayev, attends the World Governments Summit, in Dubai, United Arab Emi…

Oil & Gas Trade

Azerbaijan Produces Over Eight Bcm Gas in This Year

In January-February of this year, Azerbaijan produced 8.2 billion cubic meters of gas, with an increase of 240 million cubic meters, of which 4.1 billion cubic …

Oil & Gas Trade

Kazmunaygas, Socar to Ink Agreement to Boost Kazakh Oil Transit Through Azerbaijan - Magzum Mirzagaliyev (Exclusive Interview)

KazMunayGas, the national oil and gas company of Kazakhstan, and SOCAR, Azerbaijan's State Oil Company, will sign an agreement to increase the transportatio…

Oil & Gas Trade

Turkiye Examines Options for Obtaining Gas Supplies From Turkmenistan Through Azerbaijan

Ankara is considering options for supplying Turkmen gas to Turkiye through Azerbaijan, Iran and the Caspian Sea, Turkish Minister of Energy and Natural Resource…

Oil Price

Azerbaijan Oil Prices Decreases

The price of Azeri LT CIF Augusta decreased by $0.95 amounting to $86.32 per barrel on March 9, Azernews reports.It should be noted that in 2022, the average se…

Offshore Wind Power

Windeurope and Azerbaijan Join Forces to Accelerate Wind Energy

On 1 March WindEurope and the Azerbaijan Renewable Energy Agency signed a Memorandum of Understanding (MoU) to advance the deployment of onshore and offshore wi…

Oil & Gas Trade

Azerbaijan to Start Supplying Gas to Hungary via Turkiye

Azerbaijan will start supplying around 275 million cubic metres of natural gas to Hungary via Türkiye in April, Azernews reports.This statement was made to…

Pakistan

Pakistan Secures Second LNG Cargo From Azerbaijan

ISLAMABAD: Pakistan has succeeded in securing a second Liquefied Natural Gas (LNG) cargo from the State Oil Company of the Azerbaijan Republic (SOCAR) for deliv…

COP28

Azerbaijan Minister and State Oil Company Veteran to Lead COP29 Climate Talks

Azerbaijan's Minister of Ecology and Natural Resources Mukhtar Babayev speaks during the United Nations Climate Change Conference (COP28) in Dubai, United A…

Hydropower Plant

Agreement Signed for Restoration of 5 Small Hydropower Plants in Kalbajar and Lachin Districts

Azerbaijan aims to derive 30% of the generated electricity from renewable sources and reduce greenhouse gas emissions by 2030. The Joint Participation Agreement…

Oil & Gas Trade

Equinor Sells Azerbaijan Assets, Eyes Loss of up to $400 Mln

Equinor's logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNorway's Equinor (EQNR…

Natural Gas

COP29 Climate Summit Host Azerbaijan Touts Country's Gas Potential

A general view shows an embankment of the Caspian Sea in Baku, Azerbaijan, June 23, 2016. REUTERS/Maxim Shemetov/File Photo Acquire Licensing RightsAfter winnin…

Oil & Gas Trade

Azerbaijan Increases Gas Exports - Energy Minister

Azerbaijan exported 22.05 billion cubic meters of natural gas from January through November 2023, which is 9 percent more than the indicator of the same period …

Hydrogen Production

ADNOC and SOCAR Unite for Low-Carbon Solutions, Hydrogen in Spotlight

UAE’s Abu Dhabi National Oil Company (ADNOC) and the State Oil Company of Azerbaijan Republic (SOCAR) have signed a strategic collaboration agreement (SCA…