Azerbaijan

Egypt Secures Crude Refining Deal with Azerbaijan

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 Negotiating Increase in Azeri Gas Imports

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.

Azeri Gas Expected to Reach EU by 2020

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.

Iran, Georgia Halt Talks on Gas Deal over High Prices

Iran and Georgia have temporarily stopped talks about Tbilisi's plans to purchase 200mcm of Iranian gas due to high prices.

Iran to Re-Launch Oil Swaps with Azerbaijan

Iran is expected to begin implementing the oil swap agreement with Azerbaijan in March, after a gap of five years.

Iran, Azerbaijan to Launch Oil,Gas Cooperation in Caspian Sea

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.

IMF, World Bank Ponder $4b Emergency Loan to Azerbaijan

The International Monetary Fund (IMF) and World Bank (WB) are negotiating a possible $4b emergency loan for oil exporting country, Azerbaijan, helping it to cope with mounting currency and budget pressures due to a s ...

Azerbaijan to Direct its Increased Gas Production to Europe

Azerbaijan has increased its commercial gas production in 2015 to 18.9bcm, up by 0.2b compared to 2014, aiming at expanding the shipment of the Caspian gas to Europe.

Gazprom to Increase Gas Supplies to Azerbaijan

Russian Gazprom and State Oil Company of Azerbaijan Republic (SOCAR) held negotiations seeking to increase Russian gas supply to the country above the volumes set by the existing agreements.

Azeri Offshore Oil Platform on Fire, 32 Killed

Thirty-two workers have been killed when an offshore oil platform in the Azerbaijan-controlled Guneshli oil field in the Caspian Sea caught fire over a storm-damaged natural gas pipeline on December 3rd, Azerbaijani ...

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