Tag Archives: gas

Serbia is building a gas pipeline connection with Bulgaria on the Nis-Dimitrovgrad line to import natural gas from Azerbaijan and LNG from Greece, as part of the diversification of supplies, Serbian President Aleksandar Vucic said, Azernews reports. He noted that Serbia spends €200 million a month on gas supplies and …

Russia’s president on Wednesday said Türkiye may become the principal route for Russian gas deliveries to Europe, according to Anadolu Agency. Speaking at the Russian Energy Week International Forum in Moscow, Vladimir Putin said his country was delivering “not great, but presentable” volumes of gas to Europe via TurkStream, suggesting …

As winter approaches, the gas issue starts to further puzzle Europe. Sanctions imposed on Russian energy imports in connection with the war in Ukraine have further increased the EU’s need for Azerbaijani gas. Considering the statements of a number of large countries-exporters on the impossibility of aiding Europe with gas …

Bulgaria will receive about 440 million cubic meters of gas from Azerbaijan in July-December 2022, Azerbaijani Ambassador to Bulgaria Huseyn Huseynov said in an interview with fakti.bg, Azernews reports. He recalled that there is a signed contract for the annual supply of 1 billion cubic meters of natural gas to Bulgaria …

Bulgaria will resume negotiations with Azerbaijan to increase gas supplies, Bulgarian Energy Minister Rosen Hristov said. According to Hristov, the ministry will continue to find those volumes of gas that would be sufficient for the entire winter period. “They [Azerbaijan] have gas, and the question is about the price. Efforts …

Turkiye intends to extend the contracts on the purchase of natural gas from Russia, Azerbaijan, and Iran, Energy Minister Fatih Donmez has said, Azernews reports, citing TASS. “Our main suppliers are Russia, Azerbaijan, and Iran. We intend to extend our contracts with them for a new term. We are seeking …

Independent Azerbaijan’s oil and gas path can be traced back to the signing of the Contract of the Century in September 1994, when national leader Heydar Aliyev defined the oil strategy that would serve as the foundation for further political and economic reforms. Azerbaijan has come a long way since …

Azerbaijan increased the volume of production in the non-oil and gas sector by 16.5 percent in January-April 2021, the State Statistics Committee has reported. During the reported period, industrial products worth AZN 14.9 billion ($8.7bn) were produced, which is by 3.8 percent less compared to the same months of last year. …

First gas-condensate reserves were found at a depth of 7189 meters in an exploration well drilled on the Shafag-Asiman block in the Azerbaijani sector of the Caspian Sea. Herewith the logging and drilling of the Fasila stratum of the field was successfully completed. To define the exact volume of hydrocarbon …

Azerbaijan increased the volume of production in the non-oil and gas sector by 12.5 percent during the period of January-December 2020, the State Statistics Committee has reported. In 2020, industrial enterprises and individual entrepreneurs, operating in this sector, produced industrial products worth AZN 37.1 billion ($), which is a decrease …