Türkiye reduces electricity imports from Azerbaijan in 1Q24

A significant decrease in the volume of electricity exports from Azerbaijan to Türkiye was recorded in January-March 2024, Report informs referring to the State Statistics Committee.

In the first quarter of 2024, electricity supplies from Azerbaijan to Türkiye amounted to 331.930,390 kWh, a drop of 72.2% from the same period last year.

In terms of value, electricity supplies to Türkiye amounted to $21.309.43 million, decreasing by 89.7% compared to the same period last year.

In the total volume of energy flows from Azerbaijan, Türkiye accounted for 46.2% in the period under review.

According to the State Statistics Committee, the total volume of electricity exports from Azerbaijan in the first quarter of 2024 amounted to 718.122.16 million kWh (a decline of 70%) for $40.567.93 million (a decline of 85.6%). At the same time, deliveries were made to four countries: Georgia, Iran, Türkiye and Russia. The top three countries included Türkiye (second place), Georgia and Russia.