Energy & Power

BAKU, Azerbaijan, The price of Azeri LT CIF Augusta totaled $86.33 per barrel on February 8, increasing by $0.99 compared to the previous price, Trend reports referring to the source from the country’s oil and gas market.   The price of Azeri LT FOB Ceyhan amounted to $84.56 per barrel, up by $0.99 compared to […]

“Energy security issues became more and more important for every country,” said President of Azerbaijan Ilham Aliyev as he addressed the 9th Southern Gas Corridor Advisory Council Ministerial Meeting and 1st Green Energy Advisory Council Ministerial Meeting held in Baku.   “A lot has changed in the world since the 8th Advisory Council, or the […]

“In the recent years, my country has made substantial investments in developing gas transit capacity and connectivity with neighboring countries. First, we have laid the brand new transport infrastructure across Romania, the so-called BRUA gas pipeline and completed the upgrade of interconnectors with Bulgaria and Hungary,” said President of Romania Klaus Iohannis at the 9th […]

“At the same time, we already became the partners in natural gas transportation issue and this is also an important milestone in our cooperation. But definitely we want to have a broader picture of our cooperation, not only energy, but also to cover issues of our trade cooperation,” said President Ilham Aliyev as he held […]

“Energy, of course, is not only the issue of Romanian-Azerbaijani relations, but one at the center of the global agenda as a whole. For many years, the Azerbaijani oil company SOCAR has been operating in Romania, with more than 70 gas stations and several fuel depots,” said Azerbaijani President Ilham Aliyev as he made a […]