Tag Archives: Azerbaijan

Azerbaijan and Iran are to increase air service between the two countries.

SOCAR suggested proposals to Iran on oil swap and this issue is being considered.

It is the first time Belarus has bought Iranian crude oil.

Some producers. notably Saudi Arabia. appeared to cut the oil output by more than originally agreed amount.

.Azerbaijan sells the oil supplied via the Baku-Novorossiysk pipeline through Russia’s Novorossiysk port

.This oil transportation scheme was widely discussed between Kazakhstan and Azerbaijan in 2007 – 2008

.Revenues from electricity export are more sustainable than those from oil and gas

Three scenarios had been put on the agenda as regards gas sales to Islamabad.

Turkmenistan cut off gas supplies to Iran on January 1. saying Iran should clear its outstanding debts.

The highest price for Brent was $55.89 per barrel and the lowest price was $54.83 during the reporting period.