Azerbaijan energy source diversification key to energy security amid oil output drop

Azerbaijani President Ilham Aliyev said June 1 that reliable energy security is directly linked to diversifying energy sources and applying innovative technologies, as the country grapples with declining oil output. Azerbaijan’s oil output has fallen in recent years. It produced 470,000 barrels/day of crude in April, according to the Platts OPEC+ survey by S&P Global Energy, Platts reported MayAzerbaijani President Ilham Aliyev said June 1 that reliable energy security is directly linked to diversifying energy sources and applying innovative technologies, as the country grapples with declining oil output. Azerbaijan’s oil output has fallen in recent years. It produced 470,000 barrels/day of crude in April, according to the Platts OPEC+ survey by S&P Global Energy, Platts reported MayRead More