Azerbaijan | Egypt Oil & Gas - Part 4
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, Trend News Agency reported. According to initial plans, Georgia was to import Iranian g...
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, ABC reported. Iranian Deputy Oil Minister and Managing Director of the National Iranian Oil Company (N...
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 Azeri counterpart Ilham Aliyev, who is on an official visit to Tehran, Iranian Oil Minister, ...
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 st...
Azerbaijan to Direct its Increased Gas Production to Europe
Azerbaijan has increased its commercial gas production to 18.9bcm in 2015, up by 0.2b compared to 2014, aiming at expanding the shipment of the Caspian gas to Europe, Trend News Agency reported. The production rose fr...
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 Azerbaijan above the volumes set by the existing agreements, Trend reported. The existin...
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 s... Azerbaijan Helping Meet EU Energy Goals Despite Rising Tensions
In an interview with New Europe, 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 energ...
