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Azerbaijan exports gas worth $450 million to Europe in 1H 2021

The route from Azerbaijan to Europe consists of the South Caucasus Pipeline, the TANAP and the TAP

Azerbaijan exports gas worth $450 million to Europe in 1H 2021

Baku, July 20 - Neftegaz.RU. Azerbaijan exported 2.1 billion m3 of gas to Europe worth around $450 million in Jan-June of 2021, the State Customs Committee has told local media.

Italy was the top importer of Azerbaijani gas among the European countries, buying 1.6 billion m3 of gas for $363 million.
Another European country Greece bought 266 million m3 worth $69 million from Azerbaijan while 119 million m3 of gas worth $16.7 million was sold to Bulgaria.

In addition, 6.2 billion m3 of gas (for $880 million) was delivered to Turkey and 1.9 billion m3 for$ 252 million were sold to Georgia.
Azerbaijan’s gas supplies to neighbouring Iran amounted to 84 million m3 for $3 million.

The total volume of the exported gas from Azerbaijan in January-June 2021 amounted to 10.3 billion m3, which was 57.3% higher than in the same period last year, the State Committee added.

The Committee noted:
  • During the reported period, the export of declared gas from Azerbaijan amounted to $1.5 billion (growth by 25.8%)
  • The share of gas export amounted to 18% of the total export from Azerbaijan in the reported period
The SCC maintains export statistics based on the declaration.
The gas sales declaration is provided after the actual sale, and not at the time of its pumping through the pipelines.

Azerbaijan began gas supplies to Europe on December 31, 2020 and will deliver 5-5.5 billion m3 of Azerbaijani gas to Europe in 2021.

Source : Neftegaz.RU


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