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

Azerbaijan's Southern Gas Corridor CJSC has invested approximately $10 billion in the Southern Gas Corridor project that takes Azerbaijan's energy resources to Euroepan markets, Trend reported with reference to Deputy Head of SOCAR’s PR and Event Management Department Ibrahim Ahmadov.

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

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.

Test shipment of Azerbaijani natural gas from Shah Deniz-2 gas condensate field to Europe via Trans-Anatolian gas pipeline has started, Turkish media has reported.

State Oil Fund's revenues from the major oil and gas fields amounted to $3 billion for the period of January-August 2020, the Fund has reported.

Azerbaijan remained Turkey’s largest gas exporter in 2020, local media reported with the reference to Energy Market Regulation Authorities of Turkey.

Azerbaijan increased its gas production while decreasing oil production in the first seven months of 2020.

The volume of production in Azerbaijan’s Azeri-Chirag-Guneshli block of oil fields at the Caspian Sea increased by 12 million tons in the first half of 2020, amounting to 91 million barrels, the block’s major shareholder BP has reported.

The revenues of the State Oil Fund of Azerbaijan (SOFAZ) from the major oil and gas fields amounted to $2.8 billion in the first six months of 2020, the Fund has reported.