Azerbaijan to double swap gas supplies from Turkmenistan

Kanan Sadigov
Author

Azerbaijan has agreed to increase the annual volume of swap supplies of Turkmen gas through Iran from the current 2 billion cubic meters to 4 billion cubic meters, Report informs.

Last week, Iranian Oil Minister Javad Ovji met with Azerbaijani Economy Minister Mikayil Jabbarov to sign a memorandum of understanding.

Last year, Iran, Azerbaijan, and Turkmenistan signed an agreement on the swap supply of 1.5-2 billion cubic meters of Turkmen gas to Azerbaijan annually.

Other News

Venezuela needs $183B to revive oil output, Rystad says 06 January, 2026 / 13:44
ADB launching project to integrate renewables into Azerbaijan's power grid 06 January, 2026 / 12:34
Over 7000 LED lighting units installed in Azerbaijan's liberated territories 06 January, 2026 / 11:22
Azeri Light oil price rises to $65.80 on global markets 06 January, 2026 / 10:07
Ilham Aliyev: Azerbaijan working to stabilize oil production 06 January, 2026 / 08:45
Azerbaijani President: Our gas exports are growing with respect to both volume and geography 05 January, 2026 / 23:35
Azerbaijani President: Our short-term plans are to obtain 8 gigawatts of energy 05 January, 2026 / 23:29
Incandescent light bulbs to be phased out in Azerbaijan 05 January, 2026 / 12:57
Azerbaijan extends deadline for obtaining permit for construction of solar power plant in Garadagh 05 January, 2026 / 12:47
Gas prices in Europe fall 3% 05 January, 2026 / 12:36
Oil prices continue to decline following events in Venezuela 05 January, 2026 / 10:51
Brent oil price down to $60 per barrel on London's ICE 05 January, 2026 / 08:14
More Venezuela-bound oil ships U-turn amid US blockade 03 January, 2026 / 15:38
Azeri Light crude drops to $64.12 per barrel 03 January, 2026 / 11:06
Average gas price on European market up 9% by 2025-end 01 January, 2026 / 15:59
Azerbaijani oil price continues rising 01 January, 2026 / 14:31
More than 54 bcm of gas supplied to Europe via TAP, energy minister says 31 December, 2025 / 10:57
Azerbaijani oil price edges up slightly 31 December, 2025 / 09:41
SOCAR Green, Milla Dairy sign rooftop solar power project deal 30 December, 2025 / 19:42
SOCAR opens 3 new gas stations in Romania ahead of holidays 30 December, 2025 / 17:20