Azerbaijan’s gas exports to Italy rise by almost 21% in volume

Azerbaijan exported more than 5.801 billion cubic meters of natural gas, valued at $2.288 to Italy in the first seven months of 2024, Report informs, citing the State Statistical Committee of Azerbaijan.

According to the committee, the exports grew by 20.8 percent in volume, while dropping by 2.4 times in value compared to the corresponding period in 2023.

Between January and July 2024, Italy accounted for 41.9% of the total gas exports from Azerbaijan.

In total, Azerbaijan exported more than 13.845 billion cubic meters of natural gas worth approximately $4.756 billion in the initial seven months of 2024, marking a 1.9-fold decline in value year-on-year.

During the reporting period, Azerbaijani gas was exported to six countries, including Italy, Bulgaria, Greece, Serbia, Türkiye, and Georgia.