Azerbaijan plans to increase gas exports to 24.3 bcm in 2024 - minister

BAKU. June 5 (Interfax) - Forecast gas exports from Azerbaijan in 2024 are 24.3 billion cubic meters, half of which will go to Europe, Azerbaijani Energy Minister Parviz Shahbazov said.

"The forecast for gas exports for this year is 24.3 billion cubic meters, of which half will go to Europe," he said at an energy forum in Baku on Wednesday.

Azerbaijan exported 23.8 bcm of gas in 2023, so this year's exports could rise 2.1%.

Azerbaijan raised overall gas exports 5.3% in 2023 with exports to Europe rising 3.5% to 11.8 bcm.

Azerbaijan currently exports gas in Europe to Italy, Greece, Bulgaria, Romania, Hungary and Serbia, but some other countries in Europe have expressed interest in purchasing Azerbaijani gas. Azerbaijani gas is also exported to Turkey and Georgia.