Moscow: Iranian Minister of Road and Urban Development Farzaneh Sadegh and Russian Minister of Transport Roman Vladimirovich Starovoyt have evaluated agreements and understandings between the two countries, APA reports citing IRNA. The fifth joint meeting of the Minister of Roads and Urban Development of the Islamic Republic of Iran and the Minister of Transport of … Read more
Baku: Azerbaijan has reported a significant increase in its gas exports to Europe, marking a 9% rise in 2024. In the period from January to December of the previous year, 12.9 billion cubic meters (bcm) of gas were exported to Europe, reflecting a 9.3% increase from the year before, as announced by Azerbaijan’s Energy Minister, … Read more
Baku: Preventive and anti-epidemic measures are being taken to prevent the spread of acute respiratory viral infections in Azerbaijan during the autumn-winter season, TABIB told APA. According to Azeri-Press News Agency, the vaccination process began in September 2024, taking into account the requirements of the “cold chain” system. By January 1, 2025, a total of … Read more
London: During trading operations on the ICE London Intercontinental Exchange, the price of the March 2025 Brent oil export contract increased by 0.16% to 80.05 US dollars per barrel, APA-Economics reports. According to Azeri-Press News Agency, the price of a barrel of WTI oil for export in March this year on the NYMEX commodity exchange … Read more
Washington: The US Department of Energy has revised its forecast for global oil prices, predicting a gradual decrease over the next few years. The updated forecast suggests that the average price of Brent benchmark oil in 2025 will rise slightly from the previous estimate of $73.58 to $74.31, while WTI crude oil is expected to … Read more
Baku: An Azerbaijani citizen, Hasanov Emin Nazim, has been extradited from Moldova to Azerbaijan following a request from the General Prosecutor’s Office of the Republic of Azerbaijan. This decision was made by the competent authorities of Moldova in line with the Convention on Legal Assistance and Legal Relations in Civil, Family and Criminal Matters, established … Read more
Baku: Azerbaijan’s Prime Minister Ali Asadov has given his approval to the creation of a sanitary protection zone around the Dashalty state nature reserve. This development was confirmed through a decree signed by the Prime Minister. According to Azeri-Press News Agency, the decree specifies that the sanitary protection zone will cover an area of 289.5 … Read more
Baku: During December last year, daily oil production (including condensate) in Azerbaijan was 80,776 tons or 609 thousand barrels, APA-Economics reports. According to the report, 65,987 tons of this was crude oil (487 thousand barrels), and 14,789 tons (122 thousand barrels) was condensate. According to Azeri-Press News Agency, it should be noted that, according to … Read more
Baku: Since the commissioning of the Azeri-Chirag-Gunashli (ACG) and Shah Deniz fields until January 1, 2025, a total of 650.2 million tons of oil (including condensate) and 466.5 billion cubic meters of gas have been produced in the Azerbaijani sector of the Caspian Sea, as reported by the Ministry of Energy of Azerbaijan to APA-Economics. … Read more
