...

Azerbaijan reveals volume of gas import from Turkmenistan in 2023 (Exclusive)

Oil&Gas Materials 18 January 2024 14:02 (UTC +04:00)
Lada Yevgrashina
Lada Yevgrashina
Read more

BAKU, Azerbaijan, January 18. Azerbaijan has doubled its purchases of Turkmen gas in 2023 as part of measures to increase the flexibility of its fuel and energy balance, an informed source told Trend.

According to the source, last year Azerbaijan got 1.8 billion cubic meters of gas from Turkmenistan through Iranian territory.

In 2022, supply were estimated to be over 900 million cubic meters, worth approximately $110 million.

Deliveries have been suspended since January 1, 2024, due to a disagreement over the price of gas. Azerbaijan sought to buy it for $140-150 per 1000 cubic meters, while Turkmenistan offered about 1.5 times that price.

Tags:
Latest

Latest