16 Feb 2024 15:09

Azerbaijan boosted gas exports 7.6-fold to 1.93 bcm in Jan - customs

BAKU. Feb 16 (Interfax) - Azerbaijan's gas exports declared at customs grew 7.6-fold year-on-year in January to 1.932 billion cubic meters, the State Customs Committee told Interfax.

Gas accounted for 40.12% of Azerbaijan's exports in January, up from 7.46% in the same month last year.

Declared gas exports soared 5.3-fold in value to $739.791 million.

The SCC did not give a breakdown of gas supplies by country.

Customs maintains export statistics based on declarations of gas sold, which are provided after the actual sale has taken place, and not at the time of pumping through pipelines.

Azerbaijan has entered into gas supply contracts with six countries in Europe, including Italy, Greece, Bulgaria, Romania, Hungary, and Serbia. Moreover, a number of European countries have expressed interest in buying Azerbaijani gas.

Azerbaijani gas is also exported to Turkey via the Trans-Anatolian Natural Gas Pipeline (TANAP), and South Caucasus Pipeline (SCP), and to Georgia via the SCP and Gazimagomed-Gazakh pipeline.