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Europe continues getting natural gas from Azerbaijan Caliber.Az on YouTube

24 May 2023 12:45

Azerbaijan continues uninterrupted supplies of natural gas to foreign markets, including those in Europe.

In the first quarter of 2023, the European markets received a total of 2.9 billion cubic meters of gas from Azerbaijan.

Currently, the European market accounts for the largest share of daily gas exports from Azerbaijan. European consumers are supplied with about 27 million cubic meters of Azerbaijani gas per day on the Southern Gas Corridor (SGC).

Starting in 2023, Azerbaijan is expected to supply 12 bcm of gas per year to the EU. By 2027, the total volume of gas deliveries is forecast to reach 20 bcm annually. President Aliyev said that Azerbaijan's proven gas reserves of 2.6 trillion cubic meters make it possible to send more blue fuel to European consumers.

In the meantime, President Aliyev said Albania could join the buyers of the Azerbaijani gas due to SGC’s crossing the Balkan country’s territory. According to the Azerbaijani president, negotiations are currently underway with Albania to build a local gas distribution system.

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