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SOCAR reveals volume of gas exports to Europe

Oil&Gas 21 January 2022 11:50 (UTC +04:00)
SOCAR reveals volume of gas exports to Europe

BAKU, Azerbaijan, Jan.21

By Leman Zeynalova – Trend:

Azerbaijan has exported 8.15 billion cubic meters of gas to Europe in 2021, Trend reports with reference to the state oil company SOCAR.

The volume of gas exports to Turkey stood at 8.5 billion cubic meters, said the company.

“Azerbaijan’s natural gas exports have increased significantly with the commissioning of the Trans Adriatic Pipeline,” said SOCAR.

SOCAR has increased oil and gas exports by 1 percent and 40 percent in 2021, respectively, as compared to 2020.

The company exported 18.1 million tons of oil and 18.8 billion cubic meters of gas last year.

Azerbaijan’s gas production rose by 18.1 percent in 2021 as compared to 2020 and stood at 43.9 billion cubic meters. SOCAR’s gas production rose by 7 percent year-on-year, standing at 7.9 billion cubic meters.

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Follow the author on Twitter: @Lyaman_Zeyn

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