USD 96.1079

+0.04

EUR 105.6891

+0.38

Brent 77.52

+0.09

Natural gas 2.712

0

347

Azerbaijani gas supplies to Turkey increase significantly

Azerbaijani gas supplies to Turkey increase significantly


Baku, August 1 - Neftegaz.RU.
According to AzerNews, Azerbaijan and Turkey continue to expand their economic and trade cooperation. The figures for Azerbaijani exports to Turkey show noticeable growth and this strengthens ties between the 2 states.

In January-May this year, Azerbaijan exported 3.76 billion cu m of natural gas to Turkey, Turkey Energy Market Regulatory Authority said in a message. The figure made a 43.7 % growth in comparison with the same period last year.

In January, Turkey imported 808.36 million cu m of natural gas from Azerbaijan, in February – 683.23 million, in March – 772.64 million, in April – 724.88 million, and in May – 770 million cu m.

Azerbaijan accounted for 20.42 % (724.88 million cu m) of the total gas supply to Turkey in April 2019. The gas supplies increased 2.5 times compared to April 2018.

In general, gas exports to Turkey amounted to 3.5 billion cu m in April this year, which is 3.26 % less than compared to April 2018. The share of pipeline gas accounted for 2.8 billion cu m (80.6 % of total deliveries), and of LNG – to 688.01 million cu m (19.4 %).

The country imported 7.5 billion cu m of natural gas from Azerbaijan in 2018. Azerbaijan was the 3rd largest gas supplier to Turkey last year, after Russia (23.64 billion cu m) and Iran (7.86 billion cu m).

Turkey imports natural gas from Azerbaijan via the South Caucasus Pipeline (Baku-Tbilisi-Erzurum) and TANAP. The South Caucasus Pipeline commissioned at the end of 2006 currently supplies Shah Deniz gas to Azerbaijan, Georgia and Turkey.

The 2 countries have been involved in the implementation of significant world scale projects such as Baku-Tbilisi-Ceyhan oil pipeline, the Baku-Tbilisi-Erzurum gas pipeline, TANAP, the Southern Gas Corridor and the Baku-Tbilisi-Kars railway.

Follow us on Google News
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru