oil and gas

Victorious Azerbaijan set to continue international integration despite challenges

Despite all challenges that Azerbaijan had to confront with over its 44-day hostilities with Armenia, the country proved that it is set to go ahead with all international projects it is involved in. Against the background of Azerbaijan’s glaring victory in the war with Armenia, the start of commercial operations in the Trans-Adriatic Pipeline (TAP) opens up new opportunities from the standpoint of the country’s prospects to ensure the security and reliability of the regional and global energy projects.
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Prices of Azerbaijani oil decline

The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, went down 97 cents on July 24 compared to the previous price, making up $44.17 per barrel, Trend reports with reference to the source from the country's oil and gas market.
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Azerbaijan boosts gas exports in Q1

The volume of Azerbaijan’s gas exports increased by 13.6 percent or 2 billion cubic meters year-on-year in the period between January and May, amounting to 16.4 billion cubic meters of gas, the Ministry of Energy’s press service reported on June 24.
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