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Azerbaijan to Boost Gas Exports to Italy From 2026

NATURAL GAS

Azerbaijan is planning to increase natural gas exports by 1.2bcm/yr from 2026, with the majority of the additional gas coming from the Shah Deniz deposit, a government official said, cited by Bloomberg.

  • Of the total, 1 bcm/yr will come from the BP-led Shah Deniz deposit in the Caspian Sea, while Socar will supply the remaining 200mcm/yr.
  • Azerbaijan’s natural gas exports to Europe will exceed 12bcm this year, up from 11.4bcm in 2022.

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