Azeri oil

Azerbaijani oil price exceeds $75

Azerbaijani oil price has increased on the world markets. The price of a barrel of Azeri Light crude oil, produced at the Azeri-Chirag-​Deepwater Gunashli (ACG) field, rose $0,57 to trade at $75,18. …

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New era of Caspian oil begins

The Memorandum of Understanding between Azerbaijan and Turkmenistan on joint exploration, development of hydrocarbon resources of the Dostlug field in the Caspian Sea has begun a new era in the history of the development of hydrocarbon deposits …

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SOCAR to send fourth part of oil to Belarus

Azerbaijan's State Oil Company SOCAR will send a new batch of oil to Belarus this week, Deputy Chief of SOCAR's Public Relations and Events Department Ibrahim Ahmadov said. According to him, Azerbaijan will send 85-90,000 …

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First batch of Azerbaijani oil delivered to Belarus

Mozyr Oil Refinery in Belarus has launched the processing of the first batch of Azerbaijani oil, spokesman for the Belarusian state petrochemical concern Belneftekhim Aleksandr Tishchenko said. "Oil delivered by …

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First batch of Azerbaijani oil sent to Belarus

Azerbaijan's State Oil Company SOCAR has sent first batch of Azerbaijani oil to the Belarusian State Concern for Oil and Chemistry (Belneftekhim Concern) by tankers from the Turkish port of Ceyhan to Belarus, Deputy Head of the SOCAR Public …

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Belarus to buy oil from Azerbaijan and Kazakhstan?

Belarusian First Deputy Prime Minister Dmitry Krutoy said that the republic now considers all alternative oil suppliers, including Azerbaijan and Kazakhstan. "The government continues to work out alternative …

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The Azerbaijan reform model

The new model was built upon the local conditions and challenges to contribute to the future sustainable development of the country

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Caspian gives Azerbaijan billion tons of oil

More than one billion tons of oil have been extracted from Azerbaijani offshore fields, Vice President of Azerbaijan’s state oil company SOCAR for Field Development Yashar Latifov said during the Annual Caspian Technical …

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Azerbaijan to start drilling in Karabakh

The start of drilling at the Karabakh field will approximately come in the fourth quarter of 2019, according to SOCAR's Caspian Drilling International (CDI). It is planned that the Dede Gorgud semi-submersible drilling rig will be …

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