Azerbaijan to increase gas supplies to Europe by 30 pct this year-Xinhua

Azerbaijan to increase gas supplies to Europe by 30 pct this year

Source: Xinhua| 2022-04-30 01:54:45|Editor: huaxia

BAKU, April 29 (Xinhua) -- Azerbaijan plans to boost its supplies of natural gas to Europe by 30 percent this year, pumping 10.5 billion cubic meters (bcm) of gas, the country's state oil company, SOCAR, said Friday.

"Getting a direct access to the European market has ensured the diversification of Azerbaijan's export capacity. This adds value to Azerbaijan's economy, at the same time cementing the country's standing as Europe's reliable gas supplier," SOCAR said in a statement.

Azerbaijan exported 2.6 bcm of natural gas to Europe in the first quarter of 2022.

The country started commercial natural gas deliveries to Europe via the Trans Adriatic Pipeline (TAP) in late 2020. The pipeline is the final leg of the 3,500 km-long Southern Gas Corridor, which pumps gas from Azerbaijan's giant Shah Deniz II field in the Caspian Sea.

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