Parviz Shahbazov

Azerbaijan to gradually increase daily oil output

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 …

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Iran's oil minister says OPEC+ policy fruitful so far

OPEC+ policies have helped so far to balance the oil market, Iranian Oil Minister Bijan Zanganeh said after a meeting with Azerbaijan’s oil minister Parviz Shahbazov. The minister added that he was hopeful that the group …

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Azerbaijan to chair 31st Energy Charter Conference

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 …

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Turkey and Azerbaijan to build new gas pipeline

The Turkey-Nakhchivan natural gas pipeline will ensure the security of Nakhchivan’s energy supply via natural gas, which will flow through Turkey to the Azerbaijani exclave, Turkish Energy Minister Fatih Dönmez said Tuesday

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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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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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Trade between Baku and Nur-Sultan increased by 11 %

Trade between Azerbaijan and Kazakhstan grew by 11% in the first 8 months of 2019, Azerbaijan’s Minister of Energy Parviz Shahbazov said at the 16th meeting of Azerbaijan-Kazakhstan intergovernmental commission on economic …

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Baku may host 24th World Petroleum Congress

Azerbaijan may host the 24th World Petroleum Congress in 2023, Azerbaijan’s Energy Minister Parviz Shahbazov said at a meeting of the National Oil Committee in Baku. Azerbaijan’s Deputy Energy Minister …

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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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OPEC+ expresses gratitude to Azerbaijan

The OPEC and non-OPEC countries fulfilled their obligations to reduce oil production, according to the Joint Ministerial Monitoring Committee (JMMC) communiqué, seen by Vestnik Kavkaza. The 13th meeting of the OPEC/non-OPEC …

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