Tag: Azerbaijan
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OPEC invites Azerbaijan to join it.. and “Baku” responds
The Organization of Petroleum Exporting Countries (OPEC) is seeking to enhance its global influence at the present time by including major new players in the global oil market. The Kingdom of Saudi Arabia, the largest oil producer in OPEC, has always stressed that the organization aims primarily to achieve stability in global prices and ensure…
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SOCAR of Azerbaijan: Oil prices are currently suitable for planning.. and this is our actual production volume
Read in this article Prices are currently significantly lower than the peak in 2022 Some members of the OPEC+ coalition agreement extended voluntary production cuts until the end of 2024 Saudi Arabia proposed extending the latest cut of 1 million barrels per day beyond July The Caspian Pipeline Alliance accounts for 80% of Kazakhstan’s exports…
