Free Trial

Azerbaijan Raised Natural Gas Output, Exports In May-Jan YoY

NATURAL GAS

Azerbaijan’s total natural gas production in the first five months of this year rose by 2.9% on the year to 20.2bcm according to data published Tuesday on the State Statistics Committee website.

  • Total natural gas exports in the Jan-May period stood at 10.3bcm, up by 9.6% on the year.
  • Azerbaijan’s natural gas exports to Europe totalled 4.8bcm in Jan-May, compared with 4.5bcm a year earlier.
  • Azerbaijan exports gas to Italy, Greece, Bulgaria, and Romania. The country signed a MoU with the European Commission last year to double the exports by 2027.
  • Gas exports to Turkey in January-May rose to 4.3bcm, up from 3.6bcm a year earlier.

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.