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1Q2021 data on Azerbaijan's gas export to Turkey issued

Oil&Gas Materials 22 April 2021 10:56 (UTC +04:00)
1Q2021 data on Azerbaijan's gas export to Turkey issued

BAKU, Azerbaijan, Apr.22

By Fidan Babayeva – Trend:

The volume of natural gas export from Azerbaijan to Turkey in the first quarter of 2021 totaled 4.12 billion cubic meters, Trend reports on Apr.22 referring to the statistical report of the State Customs Committee (SCC).

According to the SCC, the value of Azerbaijani gas export to Turkey over the reporting period topped $548.9 million.

From January through March of this year, Azerbaijan has exported more than 6.16 billion cubic meters of natural gas, which is 3.4 times more compared to the same period of last year. The value of exported natural gas reached $867 million.

Meanwhile, Turkey's share in the export of Azerbaijani gas amounted to 67 percent.

In 2020, Azerbaijan exported more than 12.4 billion cubic meters of natural gas, which is 0.8 percent less compared to 2019. Besides, the value of exported natural gas was about $2.19 billion, an increase of 7.2 percent compared to 2019.

The trade turnover between Turkey and Azerbaijan in 2020 increased by $187.2 million compared to 2019, topping $2.22 billion. At the same time, Turkey's exports to Azerbaijan amounted to over $1.85 billion, and imports from Azerbaijan - $366 million.

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Follow the author on Twitter: @Fidan_Babaeva

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