News

A meeting with the delegation led by the Senior Vice President of Equinor Eric Vaerness was held at the Ministry of Energy. Deputy Minister of Energy Samir Valiyev praised Equinor's (former Statoil) long - term activities in Azerbaijan as one of the first foreign oil companies to invest in Azerbaijan.

Future cooperation perspectives in the field of renewable energy and creation of an efficient, competitive energy market have been discussed with the delegation of the International Finance Corporation (IFC) at the Ministry of Energy.

The Ministry of Energy held a meeting with the delegation led by Thomas Baris, the Secretary of State at the Ministry of Federal Economy and Energy of the Federal Republic of Germany.

The 27th meeting of the Joint Technical Commission (JTC) of OPEC and non-OPEC countries and the 13th meeting of the Joint Ministerial Monitoring Committee (JMMC) in Baku have been agreed on.

The first meeting of the Working Group on the Pilot Project “Knowledge Exchange and Technical Assistance on the Development of Floating Solar Panels System” was held at the Ministry of Energy with the participation of Asian Development Bank, consulting company and representatives of a number of government agencies.

A memorial ceremony was held at the Ministry of Energy of the Republic of Azerbaijan on the occasion of the 29th anniversary of the January 20 tragedy.

An event on "Improvement of Legislative framework and grid strengthening in utilization of renewable energy sources in Azerbaijan" was organized by the Ministry of Energy with the participation of representatives of a number of government agencies and international experts.

The workshop on concept, design and management of the energy market within the framework of the Technical Assistance and Information Exchange (TAIEX) was held with the participation of the representatives of the Ministry of Energy and international experts.

Business facilities up to 150 kW are allowed to submit application at Small and Medium Business Development Agency (SMBD), ASAN Utilities and ASAN service Centers to connect to the electricity network, regardless of the district they are located.

Daily oil production in Azerbaijan amounted to 790,000 barrels in December. 721,000 barrels out of this amount accounted for crude oil and 69,000 barrels the condensate. 617,000 barrels of crude oil, 69,000 barrels of condensate and 13,400 barrels of oil products were exported daily.