Azerbaijani Energy Ministry

Azerbaijan starts fulfilling OPEC+ deal

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 …

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Azerbaijan approves new OPEC+ oil output cut deal

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+ …

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OPEC+ adopts declaration on cooperation

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 …

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OPEC+ meeting to be held on April 6

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 …

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Parviz Shahbazov to attend summit in Kazakhstan

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 …

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 Azerbaijan discloses oil production volumes for July

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 …

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Baku hosting 4th SOCAR Forum

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 …

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Novak confirms participation in OPEC+ meeting 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 …

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Lachin oil tanker launched in Baku

A new oil tanker 'Lachin' will be commissioned in Azerbaijan in June 2019. The tanker launching ceremony was held at the Baku Shipyard today. The ceremony was attended by Azerbaijani Economy Minister Shahin …

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