Monday, December 5 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Gas News
Today's News
Yesterday's News
Week of Dec 05
Week of Nov 28
Week of Nov 21
Week of Nov 14
Week of Nov 07
By Topic
By News Partner
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Gas News > News Article

    Share by Email E-mail Printer Friendly Print

    Azerbaijan says Europe gas exports up by 30 percent this year


    September 16, 2022 - AFP

     

      Energy-rich Azerbaijan on Monday said its gas exports to Europe will increase by 30 percent this year, as the European Union tries to decrease its dependance on Russian gas amid Moscow’s offensive in Ukraine.

      Europe, which is heavily dependent on Russian supplies, has accused Moscow of using energy as a geopolitical weapon.

      On Monday, Azerbaijan’s Energy Minister Parviz Shahbazov said that over the eight months of this year Baku “supplied to Europe 7.3 billion cubic metres of natural gas.”

      “The overall volume of (gas) supplies to Europe in 2022 will amount to 12 billion cubic metres” — a 31-percent increase compared to 2021, he said on Twitter.

      He also reported a nearly 10-percent increase in natural gas production, which reached 30.6 billion cubic metres in January-August 2022.

      On Wednesday, EU chief Ursula von der Leyen proposed that member states agree a price cap on gas imported from Russia.

      Russian President Vladimir Putin has vowed to cut off any countries imposing price caps on oil and gas exports.

      In July, the EU and Baku agreed to double gas imports from Azerbaijan over the next few years.

      The agreement also provides for the expansion of the Southern Gas Corridor running through Azerbaijan, Georgia, Turkey, and Greece — “to 20 billion cubic metres per year in a few years.”

      In May, EU leaders agreed to stop most Russian oil imports by the end of the year, as part of unprecedented sanctions they slapped on Moscow over the invasion of Ukraine.

      But the bloc put off an outright ban on Russian gas, which in 2021 amounted to 155 billion cubic metres — nearly 40 percent of EU’s needs.

      Russia has already begun reducing its gas deliveries to prevent EU countries from replenishing reserves, prompting the European Commission to prepare “a gas demand reduction plan” to get through the next winter.

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.