Azerbaijan Reassures Europe on Supply Pledges

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Azerbaijan is confident it can meet the target of doubling natural gas sales to Europe to 20 billion cubic meters per year by 2027 as called for in a memorandum of understanding signed last year with the European Commission. “It’s absolutely realistic, otherwise we wouldn’t have signed it,” Azeri President Ilham Aliyev told a conference organized in Baku and Shusha this month by Azerbaijan's ADA University. After delivering 8 Bcm to Europe in 2021, Azerbaijan exceeded the 10 Bcm nameplate capacity of the European leg of its pipeline system last year by supplying a total of 11.4 Bcm. Further such increments would need to be achieved to reach the required goal, Aliyev said.

Topics:
Gas Supply, Gas Pipelines, Gas Demand, Resource Access, Ukraine Crisis
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