Azerbaijan increased transport of natural gas through main gas pipelines by 7.2 percent during the period of January-November 2020, Azertag has reported.

Baku- Tbilisi-Ceyhan pipeline exported about 21.4 million tons of crude oil loaded on 214 tankers at Ceyhan terminal, during the first three quarters of 2020, BP Azerbaijan has reported.

Azerbaijan’s gas production is projected at 38 billion cubic meters in 2020, and is expected to reach a peak of approximately 50 billion cubic meters in 2024, Energy Minister Parviz Shahbazov said on November 11.

Azerbaijan will not abandon plans to supply natural gas into an extended pipeline network to Southern Europe, despite the ongoing military operations over escalated Armenia-Azerbaijan Nagorno-Karabakh conflict, Reuters has reported with reference to SOCAR’s Vice-president Elshad Nassirov.

The volume of natural gas transported through Azerbaijan’s main gas pipelines increased by 8 percent during the period of January-September 2020, local media has reported.

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 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.

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.

Azerbaijan’s State Oil Company and UK’s Petrofac have signed an agreement to provide support services for the transfer of technical operations over the South Caucasus Pipeline that takes gas from Azerbaijan’s Shah Denis field to Turkey.

The total volume of BP’s capital expenditure on Azerbaijan’s oil and gas projects between 1995 and 2019 amounted to $75 billion, BP said in its “Sustainable report of BP in Azerbaijan in 2019” published recently.