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EU Countries Approach Azerbaijan for GAs

NATURAL GAS

European countries have asked Azerbaijan about buying gas according to Azeri President Ilham Aliyev.

  • “In recent months, several European countries have approached us with a request to purchase gas. But it is not easy because we have to produce it first”, Aliyev said.
  • Azerbaijan currently sells gas to Turkey, Georgia, Greece, Bulgaria and Italy via pipelines which bypass Russia.
  • The country is working with the EU to look at options for increasing gas flows to the region but new projects to boost gas flow from the country are years away.
  • Azerbaijan planned to increase gas exports in 2022 to 24 bcm from 22 bcm last year and to send 10 bcm to Europe.
Energy BulletsCommodities
Energy BulletsCommodities

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