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China Southern Power Grid International Limited (Hong Kong) and Powerchina Huadong Engineering Corporation Limited signed a Memorandum of Understanding on energy storage with Azerbaijan's Ministry of Energy.
Following the meeting, the work plan of the Board of the Ministry of Energy for 2025 was approved. Shahbazov gave instructions for the effective implementation of tasks aimed at developing the energy sector in the coming year.
Kazakhstan's Ministry of Energy has downgraded the country's oil production forecast for 2024 from the previously estimated level of 88.4 million tons, Kazakh Minister of Energy Almassadam Satkaliev said, Report informs. "Oil production by the end of 2024 will amount to 87.8 million tons.
According to Report, the discussions were conducted during the meeting between Javid Abdullayev, Director of the Azerbaijan Renewable Energy Agency (AREA) under the Ministry of Energy, and Tobias Lorentzson, Ambassador of Sweden to Azerbaijan.
Spanish companies are showing interest in investing in the renewable energy and green energy sectors of Azerbaijan, Report informs citing the Azerbaijan Renewable Energy Agency (AREA) under the Ministry of Energy.
(JOCAP) produced 1.4 billion cubic meters of gas from the Absheron gas-condensate field in the Caspian Sea, Report informs, citing the Ministry of Energy.
Daily oil production with condensate in Azerbaijan in November amounted to 80,771 tons (608,000 barrels), Report informs referring to Azerbaijan's Ministry of Energy.
It will be around 27 million tons or even slightly more, despite the Ministry of Energy's announced shutdown on Monday due to repairs at some facilities," said Khasenov.
Azerbaijan has held discussions with Latvia regarding renewable energy development, Report informs, citing the Azerbaijani Energy Ministry According to the Ministry of Energy, these discussions took place during a meeting between Energy Minister Parviz Shahbazov and Latvia's Minister of Climate and
The Azerbaijani Ministry of Energy signed a Memorandum of Understanding in the field of energy storage with Chinese companies China Southern Power Grid International (Hong Kong) Co. and Powerchina Huadong Engineering Corporation Limited on the sidelines of COP29, Report informs, citing the ministry.