February 3, 2023

Athens News

News in English from Greece

Gas competitor of Russia from the former USSR increases supplies abroad

The Ministry of Energy of Azerbaijan has reported an 18% increase in gas exports in 2022, to 22.3 billion cubic meters, more than half of them to Europe.

Parviz Shahbazov, head of the country’s Ministry of Energy, wrote about this on Twitter, specifying the addressees of the deliveries. Azerbaijan exported the main volume to Europe – 11.4 billion cubic meters. 8.4 billion cubic meters were delivered to Turkey, of which 5.6 billion cubic meters were pumped through the Trans-Anatolian gas pipeline (TANAR). Georgia received 2.5 billion cubic meters of gas, writes BB.LV.

The Minister of Energy also noted that the total gas production in Azerbaijan increased by 6.5% in 2022, to 46.7 billion cubic meters.

Azerbaijan is helping Europe replace Russian gas, from which countries EU plan to phase out. By 2027, the republic expects to increase exports to the European Union to 20 billion cubic meters of gas per year.

Earlier, our publication reported that the readiness to supply its gas to Europe instead of Russian and conclude long-term contracts said Cyprus. According to the Cypriot Minister of Energy, the EU plans to end cooperation with the Russian Federation as soon as possible, regardless of the timing of the end of the war in Ukraine. At the beginning of next year, Cyprus is going to start drilling a well in the offshore Aphrodite field. Its reserves, according to preliminary estimates, amount to 125 billion cubic meters. The work is scheduled to be completed by 2027.

The plans of Cyprus, which are currently under discussion, include the possibility of building a gas pipeline with a length of about 200 km. According to experts, it will be able to transport liquefied gas in the amount of approximately 3.5 billion cubic meters per year.

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