Azerbaijan plans to start gas supplies to Hungary and Slovakia at the end of 2023

Azerbaijan plans to start gas supplies to Hungary and Slovakia at the end of 2023, Azerbaijani President Ilham Aliyev said.

“Today, Azerbaijani gas is exported to Georgia, Turkey, Greece, Bulgaria, Italy, and from this year to Romania. By the end of this year, subject to the availability of all necessary interconnectors, we plan to start gas supplies to Hungary and Slovakia,” Aliyev said yesterday in Sofia.

According to him, Azerbaijan also continues negotiations with Albania on the construction of a local gas distribution system, as well as with Slovakia, as a member of the “Solidarity Ring”.

“We will increase the geography of our gas supplies from 6 to at least 10 countries. We plan to expand our presence in the European gas market,” he said.

The Head of State noted that Azerbaijan supplied 8 bcm of gas to Europe in 2021. This year, the goal is to increase this figure to 12 bcm. “In general, our gas exports to the EU, Turkey and Georgia this year are planned at the level of 24.5 billion cubic meters. The volumes of gas production and exports will grow,  because we will increase production at existing gas fields. In the coming years, we also expect the start of natural gas production at new fields,” the president said. Aliyev added that gas supplies from Azerbaijan to the EU should increase to 20 bcm by 2027.

Caspian Barrel