The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, rose by 23 cents on Sept.25 compared to the previous price, making up $41.76 per barrel, Trend reports with reference to the source from the country's oil and gas market.

The overhaul of the 'President Heydar Aliyev' tanker belonging to the Azerbaijan Caspian Shipping Company (ASCO) has been completed, Trend reports citing ASCO.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by 93 cents on Sept.24 compared to the previous price, making up $41.53 per barrel, Trend reports with reference to the source from the country's oil and gas market.

Oil prices rose on Friday but are on track for a weekly fall because of rising concerns about the global resurgence of coronavirus infections and its effects on fuel demand, while the likely return of exports from Libya will add to supply, Trend reports with reference to Reuters.

State Oil Company of Azerbaijan (SOCAR) will produce 7.2 million tons of oil, including condensate in 2020 in line with OPEC+ deal’s obligations to reduce oil production, local media reported with reference to the company’s Deputy Head of Public Relations Ibrahim Ahmadov.

The State Oil Company of Azerbaijan (SOCAR) plans to deliver another batch of oil to Belarus on September 25-26, local media reported with reference to the company’s Deputy Head of Public Relations Ibrahim Ahmadov.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by 34 cents on Sept.23 compared to the previous price, making up $42.46 per barrel, Trend reports with reference to the source from the country's oil and gas market.

Baku-Tbilisi-Ceyhan and Baku-Supsa oil pipelines, Baku-Tbilisi-Erzurum gas pipeline has strongly contributed to pan-European energy security and beyond, Bulgarian MEP Ilhan Kyuchyuk told Trend.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by 67 cents on Sept.22 compared to the previous price, making up $42.12 per barrel, Trend reports referring to the source from the country's oil and gas market.

Azerbaijan increased gas production and export, while decreasing oil production and export during the period of January-August 2020.

Azerbaijan State Oil Company (SOCAR) has completed the work on preparation of the development strategy until 2035, the company's president Rovnag Abdullayev said in an article published in the official press September 19.

Azerbaijani energy resources play a significant role in the global market, MP in the Georgian Parliament, Mahir Darziyev, told Trend.

OPEC has changed its forecast for average daily oil production in Azerbaijan for 2021.

The International Energy Charter has announced the organization of the Baku International Energy Charter Forum as a part of the cooperation with Azerbaijan’s Ministry of Energy, the ministry told Trend on Sept.18.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $1.49 on Sept.17 compared to the previous price, making up $43.91 per barrel, Trend reports with reference to the source from the country's oil and gas market.

Azerbaijan has produced over 129 billion cubic meters of natural gas and more than 29 million tons of condensate from its largest gas field Shah Deniz since its commissioning in 2006, Azertag reported with reference to SOCAR’s First Vice President Khoshbakht Yusifzade.

The Trans Adriatic Pipeline (TAP), which envisages transportation of Azerbaijani gas to Europe, is 97.9 percent completed as of the end of August 2020, Trend reports referring to the TAP AG consortium.

Azerbaijan increased by 11.1 percent the volume of gas transported through its main gas pipelines during the period of January-August 2020, local media reported with reference to the State Statistics Committee.

China’s Universal Energy company is planning plans to expand its business in Azerbaijan to further support the transition of energy structure, the company official told Trend.

Compliance with oil production cuts in August among OPEC+ members was seen at around 101 percent, three OPEC+ sources told Reuters on Wednesday, Trend reports.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by 73 cents on Sept. 16 compared to the previous price, making up $40.64 per barrel, Trend reports with reference to the source from the country's oil and gas market.

Azerbaijan and Kazakhstan have discussed the prospects of cooperation in all directions of oil and gas industry.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by 59 cents on Sept. 14 compared to the previous price, making up $39.91 per barrel, Trend reports with reference to the source from the country's oil and gas market.

The volume of investments in Azerbaijan’s oil and gas sector increased by 19 percent during the period of January- August 2020, State Statistics Committee has reported.

The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, amounted to $41.05 per barrel last week (from September 7 through September 11), which is $3.3 (7.4 percent) less compared to the previous price, Trend reports on Sept.14.