Tag Archives: gas

In January of this year, Azerbaijan’s natural gas exports to Turkiye witnessed a marginal decline, yet the country retained its position as a significant supplier to the Turkish energy market. We will delve into the intricacies of Azerbaijan’s natural gas exports to Turkiye, analysing the recent trends, comparing statistics with …

In mid-February, gas reserves in underground gas storages in Europe reached a record high of 73.4 bln m³, Azernews reports citing Gas Infrastructure Europe. Currently, Europe’s gas storages are 66.58 percent full. This is 15.38 percent more than the average for the same period of the last five years. On February 12, …

Italy has recorded a significant increase in spending on natural gas imports from Azerbaijan, reaching 619.2 million euros in November 2023, compared to 364.2 million euros in October, according to Eurostat, the European Union’s statistical office, Azernews reports. This notable surge represents a month-on-month growth of over 70 percent. This is while …

Bulgaria imported 74.8 million cubic meters of natural gas from Azerbaijan in April 2023 compared to 44.5 million cubic meters in March, Azernews reports. Thus, gas imports to the country from Azerbaijan increased by more than 68 percent compared to the previous month. The cost of gas deliveries in April was 29.9 …

In April 2023, Azerbaijan exported 814 million 775 thousand cubic meters of natural gas to Italy compared to 473 million cubic meters in March, Azernews reports with reference to the statistical office of the European Union – Eurostat. Thus, this figure increased by 1.7 times compared to the previous month. At the …

“10.2 billion cubic meters of gas will be transported to Türkiye and 12 billion cubic meters of gas to Europe via the Trans-Anatolian Natural Gas Pipeline (TANAP) this year, said Azerbaijani Ambassador to Türkiye Rashad Mammamadov. Mammadov noted that TANAP, as one of the most important steps in the successful …

Gas prices in Bulgaria in May were reduced by 21 percent compared to April due to gas supplies from Azerbaijan. Azernews reports, citing local media, this is stated in the message of the Bulgarian Energy and Water Supply Regulatory Commission (EWRC). Thus, prices for May are set at BGN 77.55 (USD …

Chisinau is interested in attracting Azerbaijani investors and diversifying gas supply sources with the help of Baku, Deputy Prime Minister and Foreign Minister of Moldova Nicu Popescu said, Azernews reports. Nicu Popescu held a meeting with Azerbaijani Deputy Foreign Minister Khalaf Khalafov. “I stressed Moldova’s interest in attracting as many …

Matteo Villa, Head of the Institute for International Political Studies (ISPI) DataLab, said that the Trans-Adriatic Pipeline (TAP) saved Italy from deindustrialization, Azernews reports, referring to Trend. “For Italy, 2022 was an important year in terms of diversification. We have the TAP, which, in 2021, saved us all. We have …

With initiatives pertaining to the energy sector, Turkiye is aiming to become a global hub for determining natural gas reference prices, President Recep Tayyip Erdogan said on Friday. “Our aim is to transform our country into a global center where the natural gas reference price is determined as soon as …