News

In March 2020, daily oil production in Azerbaijan amounted to 763,9 thousand barrels, including 683,7 thousand barrels’ crude oil and 80,2 thousand barrels’ condensate. Daily export of crude oil constituted 418,9 thousand barrels, while export of condensate and oil products accounted for 76,2 thousand and 15,5 thousand barrels respectively.

In the first quarter of 2020, electricity production in the country increased by 175.1 million kWh (2.57%) in comparison with the same period last year and amounted to 6,967.7 million kWh.

During the first quarter of 2020, 7 working groups established under the leadership of relevant bodies on the activities of the Commission established in connection with the implementation of the tasks arising from the Order No. 1673 of the President of the Republic of Azerbaijan dated December 05, 2019 on "Actions for implementing pilot projects on the use of renewable energy sources” continued their work.

In the first quarter of 2020, 112 cases of administrative violations were reviewed at the Ministry of Energy. 104 of them were connected to natural gas and 8 to electricity. Articles submitted on 75 cases related to natural gas, which are not properly compiled, have been sent back.

Azerbaijan is ready to contribute to the process of global regulation of the oil market by participating at the Ministerial Meeting of OPEC and non-OPEC countries  to be held in video conference format  to stabilize the oil market.

In the first quarter of 2020, the number of projects permitted by the Energy Regulatory Agency under the Ministry of Energy in the field of electricity and gas supply has been announced.

Azerbaijan was invited to the Ministerial Meeting of OPEC and non-OPEC countries to be held in video conference format on April 6 to stabilize oil market. It is intended that ministers of OPEC and  non-OPEC countries will attend at the meeting and a new "Declaration of Cooperation" will be discussed.

In the first quarter of 2020, the Ministry of Energy has issued 60 permits for the export, import and transit of goods (works, services, and results of intellectual activity) that are subject to export control. 52 of the issued permits were related to imports of goods subject to export control, 6 to export of goods subject to export control, and 2 to the transit of goods subject to export control.

In the first quarter of 2020 the Energy Regulatory Agency under the Ministry of Energy conducted 424 investigations in the electricity and gas supply networks of consumers financed from the budget.

The Energy Regulatory Agency under the Ministry of Energy received 519 applications during the first quarter of 2020 for connection of enterprises to electricity network through the Technical Councils operating at “ASAN Service” and “ASAN Utility Centers”.