MNI BRIEF: Trump Likely To Let Powell Serve Full Term-Moore

MNI BRIEF: Canada Household Debt Tops $3 Trillion In 3Q

MNI BRIEF: Trump Likely To Allow Powell To Serve Term - Moore

MNI BRIEF: China To Keep Stabilising Housing Market - CEWC

MNI BRIEF: China Focus On Boosting Consumption In 2025

MNI BRIEF: China To Cut Rates, Boost Borrowing-Work Conference

MNI: US JOBLESS CLAIMS +17K TO 242K IN DEC 07 WK

MNI: US NOV FINAL DEMAND PPI +0.4%, EX FOOD, ENERGY +0.2%

MNI: CANADIAN OCT BUILDING PERMITS -3.1% MOM

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

ENERGY: Azerbaijan Gas to Europe Rises to 11.7bcm in Jan-Nov 2024

ENERGY
Energy BulletsBulletAPACCommodities

Azerbaijan gas exports to Europe rose to 11.7bcm in Jan-Nov 2024 from 10.9bcm in the same period last year, according to Energy Ministry data.

  • Total gas exports from Azerbaijan were up 5% y/y to 22.9bcm in the period.
  • The total shipped to Turkey was up to 9bcm from 8.7bcm last year while exports to Georgia fell from 2.5bcm to 2.2bcm.
  • Natural gas production in Jan-Nov increased by 1.8bcm y/y to 45.8bcm.
  • Azerbaijan currently exports gas to European countries including Italy, Bulgaria, Greece, Hungary, Romania, Serbia and Slovenia and has previously stated aims to raise gas exports to Europe to 20bcm by 2027.
  • Azerbaijan’s crude and condensate production fell to 26.5m tons in Jan-Nov from 27.6m tons a year earlier as exports fell from 23.1m tons to 22.2m tons.
123 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Azerbaijan gas exports to Europe rose to 11.7bcm in Jan-Nov 2024 from 10.9bcm in the same period last year, according to Energy Ministry data.

  • Total gas exports from Azerbaijan were up 5% y/y to 22.9bcm in the period.
  • The total shipped to Turkey was up to 9bcm from 8.7bcm last year while exports to Georgia fell from 2.5bcm to 2.2bcm.
  • Natural gas production in Jan-Nov increased by 1.8bcm y/y to 45.8bcm.
  • Azerbaijan currently exports gas to European countries including Italy, Bulgaria, Greece, Hungary, Romania, Serbia and Slovenia and has previously stated aims to raise gas exports to Europe to 20bcm by 2027.
  • Azerbaijan’s crude and condensate production fell to 26.5m tons in Jan-Nov from 27.6m tons a year earlier as exports fell from 23.1m tons to 22.2m tons.