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Июль
2022

Новости за 18.07.2022

US Congress calls for the FTC to regulate how VPN companies operate

Engadget 

US Democrats have urged the FTC (Federal Trade Commission) to crack down on deceptive practices in the Virtual Private Network (VPN) industry, The Verge has reported. In an open letter, Rep. Anna Eshoo (D-CA) and Senator Ron Wyden (D-OR) cited research indicating that three-quarters of the most popular VPNs "misrepresented their products," leading consumers to a false sense of security.

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Baku and Brussels are preparing to expand the Southern Gas Corridor

Turan.az (en) 

Today, European Commission President Ursula von der Leyen and EU Energy Commissioner Kadri Simson will visit Azerbaijan.They plan meetings with President Ilham Aliyev, Minister of Energy Parviz Shahbazov, and Acting President of SOCAR Rovshan Najaf.Before leaving for Baku, Kadri Simson spoke about the goals of her forthcoming visit to Baku."The main point of our discussions in Baku will be increasing Azerbaijani gas supplies to Europe through the ...

Azerbaijani President urges government to be prepared for falling oil prices

Turan.az (en) 

President of Azerbaijan Ilham Aliyev said that the government needs to set the right price for oil in the state budget for 2023, taking into account the likely recession in the global economy."A recession in the global economy is most likely inevitable, and we must be prepared for it. If a recession occurs, it will primarily have a negative impact on the price of oil. Therefore, it is necessary to set the correct price for oil in the state budget for the next ...

SOCAR's operating profit in the first quarter of 2022 amounted to $1.76 billion

Turan.az (en) 

The Minister of Economy of Azerbaijan, Mikayil Jabbarov, positively assesses the potential of dividend payments to the state budget from the majority of large state-owned companies and banks."Most of the large state-owned enterprises transferred to the management of the Azerbaijan Investment Holding received positive financial results in the first quarter of 2022, just like in 2021. In particular, SOCAR, AzerGold, Azerbaijan Caspian Shipping Company, Baku ...

Average daily oil production in Azerbaijan in the first half of the year amounted to 567,000 barrels

Turan.az (en) 

The average daily oil production in Azerbaijan in the first half of 2022 under the OPEC + deal amounted to 566.75 thousand barrels, the data of the Ministry of Energy of the Republic.Based on the monthly data of the Ministry of Energy, it can be concluded that in January-June 2022, the average daily production of oil with condensate was 681.06 thousand barrels. The condensate production accounted for about 114.3 thousand bpd.Azerbaijan's implementation ...

President of Azerbaijan on the realities of growth in electricity exports

Turan.az (en) 

On July 15, at a meeting dedicated to the results of the first half of 2022, President of Azerbaijan Ilham Aliyev called on the government to take measures to increase the potential for exporting electricity to 5,000 MW per year, as well as to start negotiations with potential buyer countries."The Zangezur energy corridor, the cable that will be laid along the bottom of the Black Sea, the traditional Azerbaijan-Georgia-Turkey electricity export line, the ...

Europe became the largest buyer of American oil for the first time in 6 years

Turan.az (en) 

Europe has overtaken Asia and become the largest buyer of American oil, Bloomberg reports.In January-May, Europe bought 213.1 million barrels of American oil, Asia - 191.1 million barrels, the US Department of Commerce.The last time such a situation at the beginning of the year was observed six years ago, when the United States abandoned the ban on oil exports.As Europe tries to reduce its dependence on Russian energy and switch to US oil, it is ...

SOCAR unveils average export price of Azerbaijani oil

Turan.az (en) 

The average price of the "Azeri Light" brand on the terms of CIF delivery in the first half of 2022 amounted to $109.95 per barrel,the Public Relations and Communications Service of SOCAR (State Oil Company of Azerbaijan) reported. This is by 68% more than the same period last year, SOCAR notes.It should be noted that according to the results of the first quarter of 2022, the average price of Azerbaijani oil on CIF delivery terms was $102.68 per ...

Saudi Arabia assured the US that it will be able to increase production to 13 million b/d

Turan.az (en) 

Saudi Arabia can increase oil production to 13 million barrels per day from the current 10 million, after which the country's ability to increase hydrocarbon production will be exhausted, the Crown Prince of the Kingdom, Mohammed bin Salman announced at the opening of the summit of the heads of the Persian Gulf states and US on July 16.Last week, he had talks with US President Joe Biden, who is on his first visit in this position to Saudi ...

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