Azerbaijan increases gas sales to Europe by over 62%

Energy
  • 08 August, 2022
  • 12:42
Azerbaijan increases gas sales to Europe by over 62%

In January-July 2022, Azerbaijan sold 12.9 billion cubic meters of gas, 24% more than in the first seven months of 2021, Report informs, citing the Azerbaijani Energy Ministry.

From January through July 2022, Azerbaijan exported about 4.8 billion cubic meters of natural gas to Turkiye, 7.7% less than in the same period last year.

In January-July this year, Azerbaijan exported 6.5 billion cubic meters of natural gas to Europe, 62.5% more than in seven months of last year.

At present, the capacity of the TAP pipeline, which supplies the Azerbaijani gas to the south of Europe, is 10 billion cubic meters of gas per year.

The TAP AG consortium is considering three scenarios for increasing the pipeline capacity: limited - up to 14.4 billion cubic meters, partial - up to 17.1 billion cubic meters, and full - up to 20 billion cubic meters per year.