Azerbaijan has supported the decision taken at the 15th meeting of the OPEC+ ministers to gradually increase daily production to 1.1 million barrels over the next three months (from May through July 2021), according to the Azerbaijani Ministry of …
Azerbaijan fulfilled its obligations under OPEC+ agreement in January by maintaining its production of crude oil at 593,000 barrels, the Azerbaijani Energy Ministry has reported. In January, the country’s daily oil production, …
The 31st meeting of the Energy Charter Conference will be held under the chairmanship of Azerbaijan in a videoconference format on December 16-17, the Azerbaijani Ministry of Energy said. On the first day of the meeting, procedural …
Daily oil production (together with condensate) in Azerbaijan amounted to 686,200 barrels in November 2020, according to the Azerbaijani Energy Ministry. According to the ministry, 587,000 barrels of this volume accounted for crude …
Azerbaijan fulfilled more than 98% of its obligation to OPEC+ deal in May, the Azerbaijani Ministry of Energy said. Last month, Azerbaijan produced 557.2 thousand barrels of crude oil per day, while the country’s daily oil …
Azerbaijan kick-started fulfilling its obligations under the OPEC+ deal to curb oil output, according to the country's Energy Ministry. According to the ministry, the OPEC + deal obligations for OPEC members of and its allies …
Azerbaijan's Energy Minister Parviz Shahbazov called on oil producers outside the OPEC+ format to make oil cut commitments, according to the ministry's press service. The minister has attended the informal …
OPEC+ nations have signed an agreement on daily oil production cuts by 9.7 million barrels for a term of two months, Kazakhstan’s energy ministry said. "After the online ministerial meeting of the OPEC+ and non-OPEC+ …
OPEC+ had adopted a new declaration on cooperation during the online video conference to discuss the terms of a new oil output cut deal, Azerbaijan's Ministry of Energy said. The ministry said in a statement that OPEC+ had …
The meeting of the OPEC+ group of oil producers is planned for April 6, Azerbaijan’s energy ministry said. "Azerbaijan has been invited to take part in the meeting that will be dedicated to finding the ways of …
Azerbaijan’s Minister of Energy Parviz Shahbazov will take part in the First Regional Summit, entitled 'Mobilizing Finance for Sustainable Development Goals', which will be held in Almaty, Kazakhstan on November …
Over three billion cubic meters of gas were transported via the Trans-Anatolian Pipeline (TANAP) to Turkey from July 2018 to date, Azerbaijan's Energy Minister Parviz Shahbazov said at the opening of the International Energy …
The key task set before the OPEC+ alliance has been fulfilled, Azerbaijani Minister of Energy Parviz Shahbazov said, speaking at a panel session entitled "Keeping energy ties in unstable world" within the Russian …
Oil production in Azerbaijan for July amounted to 778,000 barrels per day, the Azerbaijani Energy Ministry said in a statement. It was noted that the daily oil production in July amounted to 778,000 barrels, of these, 704,000 …
Azerbaijan's Minister of Energy Parviz Shahbazov said it would be viable to extend the OPEC+ deal to reduce oil production under the same conditions. "I think that this format, decisions, agreements that were …
The 4th SOCAR International Caspian and Central Asia Downstream Forum: Trading, Logistics, Refining, Petrochemicals opened in Baku today. Convened annually since 2016, this year’s Forum brings together nearly 300 participants from …
Russian Minister of Energy Alexander Novak and Azerbaijani Minister of Energy Parviz Shahbazov discussed in Baku the possibility of supplying Russian oil to the STAR refinery in Turkey, owned by SOCAR, the …
The cooperation within the OPEC + format should be continued, Azerbaijani Energy Minister Parviz Shahbazov said during a press conference following the OPEC + meeting in Baku. According to him, taking into account the current stability …
The most convenient time to discuss the further steps in the framework of the OPEC+ production cuts agreement is May, the Minister of Energy of Russia said at a meeting with his Azerbaijani counterpart Parviz Shahbazov held in Baku …
Representatives of 14 countries, including Russian Energy Minister Alexander Novak, confirmed their participation in the 13th meeting of the Joint OPEC and non-OPEC Ministerial Monitoring Committee in Baku, according to the …
