Minister: Azerbaijan increases natural gas exports by 9 per cent Over 27 million tons of oil produced

Azerbaijani Energy Minister Parviz Shahbazov has said that Azerbaijan's natural gas exports increased by 9 per cent in January-November 2023 compared to the same period last year.

“Gas export increased by 9 per cent in January-November. 10.85 bcm of gas was exported to Europe, 8.7 bcm to Türkiye, and 2.5 bcm to Georgia. During this period, TANAP supplied Türkiye with 5.1 bcm of gas,” Shahbazov wrote on his X account, Caliber.Az reports.

Gas export increased by 9% in January-November. 10.85 bcm of gas was exported to #Europe, 8.7 bcm to #Türkiye, and 2.5 bcm to #Georgia. During this period, TANAP supplied Türkiye with 5.1 bcm of gas. pic.twitter.com/sBzxwoTM9a

— Parviz Shahbazov (@ParvizShahbazov) December 13, 2023

According to operational data in January-November, oil-condensate production was 27.6 million tons, and export was 23.1 million tons, Shahbazov said in a separate post.

"During this period, 22.05 bcm out of the 44 bcm gas produced with an increase of 3.6% was exported," he said on the social network X.

According to operational data in January-November, oil-condensate production was 27.6 million tons, and export was 23.1 million tons. During this period, 22.05 bcm out of the 44 bcm gas produced with an increase of 3.6% was #exported. pic.twitter.com/9uY4soIYzc

— Parviz Shahbazov (@ParvizShahbazov) December 13, 2023

On December 10, 2023, presidents of Serbia, Bulgaria, and Azerbaijan and EU officials gathered in the Serbian city of Niš to inaugurate the long-awaited Serbia-Bulgaria gas interconnector that connects Novi Iskar near Sofia and Niš via Dimitrovgrad.

The length in Serbia is 109 kilometres, and the commissioning occurred at the Trupale gas station not far from Niš. Serbia is currently supplied with gas from Russia via the Balkan Stream gas pipeline, which receives the fuel via the Black Sea, Türkiye, and Bulgaria.

The total value of the new Serbia-Bulgaria gas interconnection is 85.5 million euros, out of which 49.6 million euros is a grant from the European Union and 25 million euros is a loan from the European Investment Bank.