BAKU, Azerbaijan, June 16. Azerbaijan's revenue from the export of natural gas for the first five months of 2023 amounted to $7.103 billion compared to $5.995 billion for the same period last year, Trend reports via the State Customs Committee (SCC).
As such, Azerbaijan's revenue from gas exports increased by 18.5 percent year-on-year.
However, the volume of natural gas exports from Azerbaijan decreased from 9.458 billion cubic meters in the first five months of 2022 to 9.363 billion cubic meters for the same period in 2023.
The SCC data reveals that the share of natural gas in Azerbaijan's total export volume for the reporting period stood at 44.08 percent, compared to 38.89 percent the previous year.
Azerbaijan began gas deliveries to Europe through the Southern Gas Corridor on December 31, 2020. Azerbaijan plans to export 12 billion cubic meters of gas to Europe as of 2023.
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