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Azerbaijan: oil, gas and energy

30 stories about Azerbaijan: oil, gas and energy, newest first. This page updates by itself with every new story.

Turkmenistan and IOGP Europe explore routes for gas supplies to Europe

Turkmenistan and the International Association of Oil and Gas Producers (IOGP) have explored opportunities to expand energy cooperation, including potential routes for transporting Turkmen natural gas to European markets and developing Caspian energy infrastructure. The meeting took place between Turkmen Ambassador to Belgium Sapar Palvanov and François-Régis Mouton de Lostalot, managing director of IOGP Europe, and was reported by the Turkmen Embassy in Belgium. Enea Belardinelli, IOGP Europe's representative for European energy policy, also attended.

TrendOctober 23, 2026, 18:15

Azerbaijani gas sent to Syria via Türkiye tops 1 billion cubic metres

Türkiye exported 1,040.1 million cubic metres of Azerbaijani natural gas to Syria from January to August, according to a report by the Turkish Energy Market Regulatory Authority (EPDK), as cited by Report.az. The volume accounted for 68.03% of Türkiye's total gas exports over the period.

Report.azOctober 23, 2026, 17:14

Petronas Carigali plans new gas and oil projects on Caspian Block 1

Malaysia’s Petronas Carigali (Turkmenistan) plans two new projects, one for gas and one for oil, to develop fields on offshore Block 1 in Turkmenistan’s Caspian sector. Company CEO Ismadi bin Ismail announced this on Thursday at a panel discussion on investment opportunities in the Turkmen Caspian sector, held during the 31st International Conference and Exhibition “Oil and Gas of Turkmenistan” (OGT 2026) in Ashgabat.

TrendOctober 23, 2026, 07:02

Kazakhstan starts construction of 420-km ethane and propane pipeline network

KazMunayGas (KMG) says construction has started in Kazakhstan's Atyrau region on trunk pipelines that will deliver ethane and propane from the Tengiz field to gas chemical plants in Karabatan. The project is being implemented by KMG PetroChem LLP, a KMG subsidiary.

TrendOctober 22, 2026, 22:51

SOFAZ Raises Assets to $74 Billion

Assets of Azerbaijan's State Oil Fund (SOFAZ) rose 67 percent over the past five years, from about $44.3 billion to $74 billion. Adviser to SOFAZ's executive director Vadim Pshenichny said so in an interview with Trend, as reported by Day.Az.

Day.azOctober 22, 2026, 22:43

QazaqGaz and CNPC discuss Severny-1 exploration project

Kazakhstan's QazaqGaz National Company and China National Petroleum Corporation (CNPC) have discussed prospects for expanding strategic cooperation, including the Severny-1 exploration project. QazaqGaz Management Board Chairman Alibek Zhamauov met with CNPC President Zhou Xinhuai.

TrendOctober 22, 2026, 17:37

Petronas has invested over $12 billion in Turkmenistan in 30 years, executive says

Malaysian oil and gas company Petronas has invested more than $12 billion in Turkmenistan over its 30 years of operations in the country, Mohd Jukris Abdul Wahab, Chief Operating Officer, Executive Vice President and CEO of Petronas' Upstream Division, said. He made the announcement at the Oil and Gas of Turkmenistan – 2026 (OGT 2026) international conference and exhibition in Ashgabat.

TrendOctober 22, 2026, 06:31

UAE's XRG plans to expand investments in Turkmenistan's gas sector

Ashgabat, Turkmenistan, October 21. XRG, the international investment arm of ADNOC from the UAE, intends to expand its investment activities in Turkmenistan, viewing the country as a key focus of its global gas business development strategy. The statement was made by XRG's Senior Vice President, International Gas and Director, Business Development, Abdulla Alshamsi, at the "Oil and Gas of Turkmenistan – 2026" (OGT 2026) international conference and exhibition in Ashgabat.

TrendOctober 22, 2026, 05:29

Azerbaijan Proposes Transiting Turkmen Electricity to Europe

Azerbaijan proposes exploring the possibility of transiting electricity generated in Turkmenistan to European markets. Deputy Minister of Energy Kamal Abbasov made the proposal on October 21 at the “Oil and Gas of Turkmenistan – 2026” (OGT 2026) international conference and exhibition in Ashgabat. He said the two countries could jointly explore exporting Turkmen electricity to Europe via Azerbaijan.

TrendOctober 22, 2026, 03:03

Turkmenistan plans to diversify gas exports across three directions

Turkmenistan is developing three natural gas export routes: eastern, southern and western. Myrat Archayev, Deputy Chairman for Exports and Foreign Economic Ties at the state-owned Turkmengaz concern, announced this at the 31st International Conference and Exhibition “Oil and Gas of Turkmenistan” (OGT 2026) in Ashgabat on October 21. He said diversification serves the interests of both buyers and suppliers.

TrendOctober 22, 2026, 02:10

Azerbaijan's gas exports to Türkiye reach $1.76 billion in January-August

According to Azernews, Azerbaijan exported 6.464 billion cubic meters of natural gas to Türkiye in January-August, with the exports worth $1.76 billion.

AzernewsOctober 21, 2026, 22:20

Turkmengaz plans gas supplies via Afghan section of TAPI in 2026

Turkmenistan plans to start natural gas supplies through the Afghan section of the TAPI pipeline in 2026, Turkmengaz Chairman Maksat Babaev said at the OGT 2026 conference in Ashgabat. He said construction of the Serhetabat–Herat section is proceeding on schedule. The TAPI pipeline has a design capacity of up to 33 billion cubic meters of gas per year.

TrendOctober 21, 2026, 16:05

Turkmen president outlines gas export plans and TAPI progress at OGT 2026

President Serdar Berdimuhamedov has highlighted plans to expand gas exports and advance the TAPI pipeline project in a congratulatory message to participants of the 31st International Conference and Exhibition “Oil and Gas of Turkmenistan - 2026” (OGT 2026), which opens in Ashgabat on Wednesday. He said the annual forum will offer a chance to discuss priorities for the country’s fuel and energy sector and modern approaches to industry modernization.

TrendOctober 21, 2026, 10:52

More than 645 million barrels of oil produced from East Azeri field to date

First oil from the East Azeri field was achieved on 21 October 2006, completing the second phase of full-scale development of the Azeri-Chirag-Gunashli (ACG) field, according to BP-Azerbaijan, which provided the information to Report.

Report.azOctober 21, 2026, 04:51

BP starts offshore construction for Shah Deniz Compression project

BP has started offshore construction work on the $2.9 billion Shah Deniz Compression (ŞDK) project at the Shah Deniz gas-condensate field in Azerbaijan, Report.az reported, citing BP Azerbaijan.

Report.azOctober 20, 2026, 17:22

Revenue from ACG and Shah Deniz to Azerbaijan's State Oil Fund rises 3.7%

Azerbaijan's State Oil Fund (ARDNF) received 7,135.7 million manat from the Azeri-Chirag-Gunashli (ACG) and Shah Deniz fields in January to September of this year. The figure is 3.7% higher than in the same period a year earlier.

APAOctober 20, 2026, 10:36

Kazakhstan says it shut down group that planned mass protests by oil and gas workers

Kazakhstan's National Security Committee (KNB) says it has shut down a criminal group in the Mangystau region that tried to organise mass protests by oil and gas sector workers. According to the KNB, the group sought to secure additional funding from JSC Ozenmunaygas. The information was reported by the Kazinform agency.

Haqqin.azOctober 19, 2026, 14:57

Azerbaijan's oil export revenue rises 13% in nine months

According to a report published by Trend on 19 October 2026 at 11:01 (UTC+04:00), Azerbaijan's oil export revenue rose 13% over nine months.

TrendOctober 19, 2026, 10:23

Azerbaijan exports nearly 18 billion cubic metres of natural gas in nine months

According to statistics from the State Customs Committee, reported by Report, Azerbaijan exported 17.994 billion cubic metres of natural gas in January-September of this year, based on customs declarations.

Report.azOctober 19, 2026, 09:11

Azeri Light oil price falls to $116 per barrel

The price of Azerbaijan's Azeri Light crude oil on the global market fell by $2.78, or 2.33%, to $116.26 per barrel, a source in the oil market told Report. According to trading results, Brent crude oil futures for December stood at $116.59 per barrel.

Report.azOctober 18, 2026, 18:53

BTC pipeline carried over 18 million tonnes of oil in nine months

According to a report published by the State Statistics Committee of Azerbaijan, the Baku-Tbilisi-Ceyhan (BTC) oil pipeline transported 18.857 million tonnes of oil in January–September 2026. Based on Trend's calculations using the committee's data, this is 1.712 million tonnes, or 8.3 percent, lower than in the same period of 2025, when 20.569 million tonnes were transported.

Day.azOctober 18, 2026, 13:53

Ankara wants pragmatism on oil and principles from Baku

In a column for AzerNEWS, Farman Aydin asks whether Ankara regards Baku as an equal sovereign partner or as an ally whose foreign policy should conform to Turkish expectations. The question comes amid controversy over oil exports through the Baku–Tbilisi–Ceyhan (BTC) pipeline. The author argues that strategic partnerships cannot rely on historical sentiment alone and require mutual respect, consistent principles, and recognition that even close allies retain the right to pursue their own national interests.

AzernewsOctober 18, 2026, 13:05

Azerbaijan's strategic reserves are six times the combined reserves of Armenia and Georgia

Azerbaijan holds the leading position in the South Caucasus by volume of strategic foreign currency reserves. According to the State Statistics Committee, the country's strategic reserves stood at $89.38 billion as of 30 September 2026. This amount is about 19.8 times the country's external public debt of $4.51 billion. The reserves are about 10.9 times Georgia's international reserves of $8.17 billion, announced in September, and 13.4 times Armenia's foreign currency reserves of $6.66 billion.

Day.azOctober 18, 2026, 06:44

Turkey's first floating production platform sent to Black Sea

Turkey's first floating production platform, Osman Gazi, has been sent from Filyos Port, where its infrastructure was built, to its service location in the Black Sea.

Report.azOctober 18, 2026, 00:11

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