Details of Azerbaijan’s gas exports to Europe disclosed

In January-September of 2024, EU countries - Italy, Greece, and Bulgaria - increased their gas imports from Azerbaijan by 1.5% compared to the same period last year, reaching 369,541 terajoules (TJ), Report informs, referring to the European Union's statistical office (Eurostat).

The value of gas imported from Azerbaijan to EU countries during the reporting period amounted to over 3.167 billion euros (a 30.7% decrease year-on-year).

The delivery volumes to the mentioned countries are as follows:

- Italy: 284,054 TJ (an increase of 4.1%), worth 2.498 billion euros (a decrease of 31.3%);

- Greece: 58,035 TJ (an increase of 8%), worth 461.7 million euros (a decrease of 32.8%);

- Bulgaria: 27,452 TJ (an increase of 2.6%), worth 206.8 million euros (a decrease of 14.8%).

In September alone, EU countries reduced gas imports from Azerbaijan by 5.7% to 39,277 TJ, spending more than 398.3 million euros on these imports (a 2.4% increase year-on-year).

The delivery volumes in September are as follows:

- Italy: 29,752 TJ worth almost 318 million euros;

- Greece: 6,429 TJ worth 57.58 million euros;

- Bulgaria: 3,096 TJ worth 22.8 million euros.

According to Eurostat, in 2023, EU countries imported 492,900 TJ of natural gas from Azerbaijan (a 2.5% increase) worth 6.2 billion euros (a 2.5-fold decrease year-on-year).