President Aliyev: Azerbaijan expects export of 24.5 billion cubic meters of gas in 2023

Azerbaijani President Ilham Aliyev has said that the country expects the export of 24.5 billion cubic meters of gas in 2023.

Aliyev made the remarks at the 9th Southern Gas Corridor Advisory Council Ministerial Meeting and the 1st Green Energy Advisory Council Ministerial meeting held in Baku on February 3, Azertag reports.

“Our natural gas export is growing. In 2021, it was around 19 billion cubic meters. Last year it was 22.6. And this year we expect 24.5. So that means that the MOU with European Commission is successfully implemented,” the president said.

“We not only increase the production, we increase export and we expand the geography. And I'm sure that today the countries, which are involved in this project, will see and already see the benefit of it. And also it allows through different other connections and potential inter-connectors to connect many more countries in Europe and with respect to the resources of natural gas. I many times already said that we have natural gas reserves, which will be enough for us and our partners for at least 100 years,” the head of state added.

“As soon as the MOU with the European Commission on increasing of gas supply to Europe was signed, we started in Azerbaijan to work actively to look for additional opportunities to supply more gas. Now, apart from expected production from new fields, which we expect, for instance, this year, and increase of production from existing Shahdeniz field, which definitely is the case, we also work on energy efficiency domestically,” he stressed.

“We are working on a program of reduction of losses. We are working on the program of combination of our domestic needs with respect to electric energy and natural gas to save more gas, which we are using now to generate electricity in Azerbaijan for export,” the Azerbaijani president added.