Azerbaijan | Egypt Oil & Gas - Part 4

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 ...

Azerbaijan Helping Meet EU Energy Goals Despite Rising Tensions

Ali Hasanov, a top official in the Government of Azerbaijan, discussed the country’s relationship with the European Union. Azerbaijan acts as an important supplier of Caspian Sea energy, having received major oil and ...

Azerbaijan to Enter Egypt’s Petrochemical Industry

SOCAR, Azerbaijan’s state-owned energy company, is interested in taking a stake in Egyptian oil refineries, Reuters reports.

Iran and Azerbaijan to Take Advantage of Sanctions Removal

Amir Hossein Zamaninia, Iran's deputy oil minister for international affairs and trade, announced that his country and the Republic of Azerbaijan plan to expand their cooperation in oil and gas sectors

US to Continue Cooperative with Azerbaijan on Southern Gas Corridor

Being a strategic partner and friend of Azerbaijan, the US will continue cooperating on the Southern Gas Corridor project and other projects to be implemented in the future, Special Envoy and Coordinator for Internat ...

Azerbaijan Reports Oil Production Increase for Q1 of 2015

Crude oil and condensate production in Azerbaijan rose to 10.6 million tonnes in the first quarter of 2015 from 10.4 million tonnes in the same period last year, a source at the State Statistics Committee said on Mon ...

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