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European Demand for Azerbaijan's Gas Tops 30 bcm/y: Energy Ministry

NATURAL GAS

The total demand for Azeri gas into Europe is exceeding 30 bcm/y, according to Interfax, citing comments from Azerbaijani Energy Minister Parviz Shahbazov.

  • "The total demand from more than 10 European countries for Azerbaijani gas is above 30 bcm/y, and in this regard, gas projects implemented by Azerbaijan are an important source of supply of additional volumes," Shahbazov said.
  • However, Azerbaijan’s gas exports in 2023 are planned at 24 bcm, with 12-12.5 bcm headed to Europe, Interfax said.
  • By 2027, Azerbaijan’s gas exports to Europe are expected to hit 20 bcm.

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