Tag Archives: Azerbaijan

Azerbaijan Produces 533,000 Barrels of Crude Oil per Day in January 2023

“In January 2023, the daily oil production (including condensate) in Azerbaijan totaled to 652,000 barrels, including 533,000 barrels’ crude oil and 119,000 barrels’ condensate,” the Ministry of Energy told AZERTAC. According to the new commitments of the participating countries of the Declaration of Cooperation, Azerbaijan’s commitment to cuts is 33,000 …

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Turkish Earthquake Halts Azerbaijan’s Oil Exports

The two massive earthquakes that devastated a large area of southern Turkey and northern Syria on February 6 are causing problems for Azerbaijan’s oil exports. Crude exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline and Turkey’s main oil terminal at Ceyhan have been halted with no clear indication what the problem is …

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Armenia and Azerbaijan Deadlocked in Talks over Key Corridor

In the background of Azerbaijan’s ongoing blockade of the only road in and out of Nagorno-Karabakh lies the fate of another critical transportation route: the would-be “Zangezur Corridor.” In the ceasefire agreement that ended the 2020 war, Armenia agreed to “guarantee the security of transport connections” between Azerbaijan’s mainland and …

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