...

Azerbaijani gas to be transported via Trans-Balkan pipeline

Oil&Gas Materials 14 April 2023 12:22 (UTC +04:00)
Laman Zeynalova
Laman Zeynalova
Read more

BAKU, Azerbaijan, April 14. Azerbaijani gas will be transported via the Trans-Balkan pipeline, Trend reports via Romanian media.

After the launch of the Turk Stream gas pipeline through the waters of the Black Sea to Türkiye, Russia’s Gazprom redirected the flows through it to these countries and released the capacity of the Trans-Balkan gas pipeline, which is 16-18 billion cubic meters per year.

Bulgaria’s acting minister of energy Rossen Hristov announced that on April 25 Azerbaijan, Türkiye, Bulgaria, Romania, Hungary and Slovakia will sign an agreement in Sofia for a new delivery route of Azerbaijani gas through the territory of the six countries to Central Europe.

Hristov noted that this agreement will allow Bulgaria to transit liquefied gas from American and European sources to Central Europe.

Azerbaijan exports gas to Europe via the Trans Adriatic Pipeline, the final leg of the Southern Gas Corridor. The initial capacity of TAP is 10 billion cubic meters expandable to 20 billion cubic meters per year. TAP has delivered a total of 22 billion cubic meters since the start of commercial operation.

The latest data reveals that Azerbaijan exported 2.9 billion cubic meters of gas to Europe in the first quarter of 2023. Overall, gas exports grew by 11.2 percent year on year.

From January through March 2023, Azerbaijan exported natural gas to Europe (2.9 billion cubic meters), Türkiye (2.7 billion cubic meters), and Georgia (0.9 billion cubic meters). During the reporting period, 1,4 billion cubic meters of gas were exported to Türkiye via the TANAP [Trans-Anatolian Natural Gas Pipeline].

In the first quarter of 2023, gas production in Azerbaijan increased by three percent, to 12.2 billion cubic meters. The country exported over half, or 6.5 billion cubic meters, of natural gas to foreign markets.

---

Follow the author on Twitter: @Lyaman_Zeyn

Tags:
Latest

Latest