Azerbaijan to double gas supplies to Europe, taking Gazprom’s share

20 January, 02:20 PM
President of Azerbaijan Ilham Aliyev (Photo:Official web-site of President of Azerbaijan / Handout via Reuters)

President of Azerbaijan Ilham Aliyev (Photo:Official web-site of President of Azerbaijan / Handout via Reuters)

Azerbaijan's gas exports to Europe will increase to at least 20 billion cubic meters per year by 2027, Azerbaijani President Ilham Aliyev stated during the World Economic Forum in Davos, Interfax-Ukraine news agency reported on Jan. 19.

"In 2021, our exports to the EU market exceeded 8 billion cubic meters, this year it will be at least 11.6 billion cubic meters," Aliyev announced.

"Very fast growth… The Memorandum of Understanding signed between the EU and Azerbaijan in the summer of 2022 stipulates that we will double our supplies by 2027. Thus, supplies to the EU will be at least 20 billion cubic meters. Total exports (in 2023 — ed.) will amount to 24 billion cubic meters.”

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According to Aliyev, to increase the supply of Azerbaijani gas to the EU, it is necessary to construct more interconnectors in Europe.

"For this purpose, there should be more interconnectors in Europe, and one of them was opened at the end of last year — the Greece-Bulgaria interconnector," the Azerbaijani president said.

“This allowed us to start deliveries to Bulgaria, and this year to Romania.”

Azerbaijan started exporting gas to Europe on Dec. 31, 2020. Currently, Italy, Greece, Bulgaria, and Romania are the buyers of Azerbaijani gas in the EU.

Earlier, NV reported that the capacity of the Trans Adriatic Pipeline, which supplies Southern Europe, will be doubled even without laying new pipes.

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