The meeting with the Committee on Eastern European Economic Relations focused on gas supply capacities and future hydrogen use. Under the motto “Azerbaijan beyond Oil and Gas”, representatives of German companies met for a working breakfast with Parviz Shahbazov, Minister of Energy of the Republic of Azerbaijan, on the sidelines […]
Within first seven months of the current year 2021, Azerbaijan produced 20 million 96 thousand tons of crude oil (including gas condensate) and more than 24 billion cubic metres of natural gas. From this volume, 17 billion 756.9 million cubic metres of marketable gas were extracted. During this period, Azerbaijan […]
Azerbaijan has tripled its economy in the last 15 years and in the next 10 years the country aims to double its economy, based on the non-oil sector, and is preparing for a new wave of investment that depends on its ability to take advantage of the fourth industrial revolution. […]