Azerbaijan increases gas exports

Azerbaijan increases gas exports
Azerbaijan increases gas exports

In 2020, Azerbaijan sold 13.5 bln cubic meters of gas in foreign countries, with the total sales exceeding the amount sold in 2019 by 15.6% or $1.8 bln. The 2020 report by the Ministry of Energy of Azerbaijan has released this information.

In 2020, Turkey imported 11.1 billion cubic meters of gas from Azerbaijan, which is 21% more than in 2019. The volume of gas exported to Georgia was 1.1 billion cubic meters, a 2.8% reduction in the annual exported amounts. 

Natural gas is supplied to Turkey via the South Caucasus Pipeline (Baku-Tbilisi-Erzurum) and the Trans-Anatolian Gas Pipeline (TANAP). It is transported to Georgia through the Baku-Tbilisi-Erzurum and Gazimammad-Gazakh pipelines.

Azerbaijan put forward the initiative to create the Southern Gas Corridor. Azerbaijani leader Ilham Aliyev said that they drew up the Energy Map for Eurasia. In his words, Azerbaijan assumed the responsibility of funding the project by building three interconnected 3,500 km pipelines, with this enabling European customers to get Azerbaijani gas. Aliyev stressed this is beneficial for both Europe and Azerbaijan. 

In 2021, Azerbaijan's giant Shah Deniz field gas started flowing to the EU. The Southern Gas Corridor (SGC) aims to develop gas supply routes passing through the Southern Caucasus and Turkey to supply gas from the region to Europe. The Georgian PM Giorgi Gakharia defined this fact as a tremendous step forward. 

In 2021, Georgia is set to receive 1.014 bln cubic meters of gas in exchange for allowing Azerbaijani gas to pass through its territory. This year, the volume of additional gas for Georgia will amount to 508.7 mln cubic meters, with this surpassing the volume of gas (888.6 mln cubic meters) Georgia was supplied by in 2020 via the SGC by 126 mln cubic meters.  

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