Azerbaijan exported over 6.6B cubic meters of gas to Italy in 8 months

In January-August 2024, Azerbaijan exported 6.66 billion cubic meters of gas worth $2.64 billion to Italy, Report informs, citing the State Statistical Committee of Azerbaijan.

Gas supply to Italy increased by 0.1% in volume compared to the same period in 2023 but decreased 2.4-fold in value.

Overall, in the eight months of this year, Azerbaijan exported 15.83 billion cubic meters of gas (-9%) worth $5.46 billion (-1.9 times). Gas was exported to six countries - Italy, Bulgaria, Greece, Serbia, Türkiye, and Georgia.

During the reporting period, Türkiye, Italy, and Bulgaria were the top three countries purchasing gas from Azerbaijan. Italy accounted for 42.1% of total gas exports from Azerbaijan.