The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by 21 cents on July 26 compared to the previous price, settling at $74.16 per barrel, Trend reports referring to the source from the country's oil and gas market.

Trend’s exclusive interview with Serbia’s Deputy Prime Minister and Minister of Mining and Energy, prof. Dr Zorana Mihajlović

Azerbaijan’s State Oil Company (SOCAR) has put into operation a highly productive well No.123 in the Bulla Deniz field, Day.az has reported.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $2.76 on July 21 compared to the previous price, settling at $72.08 per barrel, Trend reports referring to the source from the country's oil and gas market.

Oil prices stabilised on Tuesday after slumping around 7% in the previous session amid a broader market retreat led by concerns about rising COVID-19 infections, which came just as producers inked a new supply deal, Trend reports with reference to Reuters.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $4.78 on July 19 compared to the previous price, settling at $69.33 per barrel, Trend reports referring to the source from the country's oil and gas market.

Oil prices fell more than $1 a barrel on Monday, after the OPEC+ group of producers overcame internal divisions and agreed to boost output, sparking some concerns about a crude surplus as COVID-19 infections continue to rise in many countries, Trend reports with reference to Reuters.

No emergency occurred on any of the offshore rigs of Azerbaijani state oil company (SOCAR), Ibrahim Ahmadov, deputy head of the public relations and events department at the company told Trend.

Azerbaijan exported 2.1 billion cubic meters of gas to Europe worth around $450 million in Jan-June of 2021, the State Customs Committee has told local media.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by 0.89 cents on July 16 compared to the previous price, settling at $74.11 per barrel, Trend reports referring to the source from the country's oil and gas market.

Azerbaijan’s State Oil Company increased both oil and gas production by 7 percent in the second quarter of 2021.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, decreased by $1.82 on July 15 compared to the previous price, settling at $75 per barrel, Trend reports referring to the source from the country's oil and gas market.

Azerbaijan exported oil and gas worth $6.3 billion during the period between January and May 2021, local media has reported.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by 16 cents on July 14 compared to the previous price, settling at $76.86 per barrel, Trend reports referring to the source from the country's oil and gas market.

Azerbaijan increased natural gas transportation through main gas pipelines by 9.5 percent to 17.7 billion cubic meters during the first half of 2021, Azertag has reported.

Preparations for the construction of the Igdir-Nakhchivan gas pipeline between eastern Turkey and Azerbaijan’s Nakhchivan exclave have been completed, Turkish Energy and Natural Resources Minister Fatih Donmez has said.

Azerbaijan's natural gas production amounted to 25.8 billion cubic meters in 2020, which is a growth by 6 percent compared to 2019, BP said in its annual statistical review of the world's energy report.

An information system on renewable energy sources will be created in Azerbaijan.

The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, made up $75.99 per barrel last week, having declined by 44 cents (0.6 percent) compared to the previous price, Trend reports.

Trans Adriatic Pipeline (TAP) that transports Azerbaijani gas to European markets, provided 1.2 percent of EU natural gas imports in the first quarter of 2021, the European Commission has said in its quarterly report.

Crude futures slipped on Monday as concerns over slowing global growth outweighed the prospect of tightening supply after talks among key producers to raise output in coming months stalled, Trend reports with reference to Reuters.

Azerbaijan fulfilled its obligations under OPEC+ agreement in June by maintaining its production of crude oil at 610,000 barrels.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by $0.46 on July 8 compared to the previous price, settling at $74.6 per barrel, Trend reports referring to the source from the country's oil and gas market.

The U.S. Energy Information Administration has changed its forecast for Azerbaijan's average daily oil production for 2021-2022.

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, declined by $1.94 on July 7 compared to the previous price, settling at $74.14 per barrel, Trend reports referring to the source from the country's oil and gas market.