Caspian

Azerbaijan Aims to Double Gas Exports to Europe

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The EU has agreed to double imports of gas from Azerbaijan to 20 billion cubic meters per year by 2027, according to a memorandum of understanding (MOU) signed in Baku this week by the head of the European Commission, Ursula von der Leyen, and Azeri President Ilham Aliyev. But doubts linger over Azerbaijan’s ability to supply all the extra gas within a period of just five years, as negotiations on new developments in the Caspian Sea inch forward.

Topics:
Offshore Oil and Gas, Gas Pipelines, Ukraine Crisis
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