Azerbaijan's natural gas exports to Greece and Bulgaria drop in May 2023

Both Greece and Bulgaria significantly reduced their expenditure on natural gas imports from Azerbaijan in May, according to Report, which cites Energynews.

Greece imported 94 million cubic meters of natural gas from Azerbaijan in May, valued at 52.6 million euros. This represents a 23.5% decrease compared to the same period last year. Similarly, Azerbaijan exported 44.6 million cubic meters of natural gas to Bulgaria in the same month, worth 24.7 million euros, marking a 9% reduction from the corresponding period in the previous year.

Last year, Bulgaria imported 920 million cubic meters of gas from Azerbaijan, amounting to 27.1 million euros, while Greece imported approximately 2 billion cubic meters of gas, valued at 871.9 million euros.