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Volume of gas to be supplied from Azerbaijan to Romania revealed

Oil&Gas Materials 20 December 2022 12:50 (UTC +04:00)
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, Dec.20. Romania may buy up to 300 million cubic meters of gas from Azerbaijan between 1 January-1 April 2023, Romgaz and Azerbaijan’s state oil company SOCAR have recently signed a contract, Trend reports with reference to ICIS.

Reportedly, the daily supplies will stand at 4.2 million cubic meters.

The volumes will be delivered from Turkey to the Greek virtual trading point (VTP). It will be shipped further to Bulgaria via Interconnector Greece-Bulgaria (IGB) and reversed into Romania at the Negru Voda 1-Kardam interconnection point on the Trans-Balkan corridor.

A source said daily volumes may vary and will give Romgaz the possibility to nominate depending on needs.

Export of Azerbaijani gas to Europe from January through November 2022 amounted to 10.3 billion cubic meters. Gas exports to Türkiye in the reporting period totaled 7.6 billion cubic meters (including 5.2 billion cubic meters through Trans-Anatolian Natural Gas Pipeline), and the exports to Georgia – 2.2 billion cubic meters.

Total gas exports from Azerbaijan over the first 11 months of this year grew by 19 percent compared to the same period of 2021. In total, 20.1 billion cubic meters of gas were exported from Azerbaijan from January through November 2022.

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