Azerbaijan's state oil company SOCAR has put forward a proposal to Russia's Gazprom for purchasing 3 to 5bcm of gas a year, SOCAR President Rovnag Abdullayev told reporters.
A ceasefire between key oil and gas players in the Caspian region, Azerbaijan and Armenia, was signed on April 5th putting an end to a renewed conflict that erupted over the breakaway Nagorno-Karabakh region. The dea ...
The State Oil Company of Azerbaijan (SOCAR) and KBR, the American engineering, procurement, and construction company, will create an ad hoc group of experts for the management of the reconstruction work of the Baku O ...
Georgia will not import gas from Iran after having signed agreements for increased gas supplies from Azerbaijan's state oil company SOCAR at the beginning of March.
The Egyptian government and Azerbaijan have reached an agreement on refining 500,000 barrels of crude oil per month in the Egyptian refineries and exchanging Egypt’s naphtha with petrol 95.
Georgia hopes to reach an agreement with Azerbaijan to increase volumes of Azerbaijani gas imported to the country by additional 400-500mcm/year, Georgia's Energy Minister, Kakha Kaladze, said.
The EU has a clear interest to work with Azerbaijan on energy, regional security, the rule of law, and fundamental freedoms, EU High Representative for Foreign Affairs and Security Policy, Federica Mogherini, said.
Iranian President Hassan Rouhani will officially propose a new plan for oil and gas cooperation in the Caspian Sea to his Azerbaijani counterpart Ilham Aliyev, who is on an official visit to Tehran.