In January-August 2023, the countries of the European Union (EU) increased gas imports from Azerbaijan by 5.9% compared to the same period last year, to 322,509 thousand terajoules, the monthly report of the Statistical Office of the European Union (Eurostat).
The cost of gas imported from Azerbaijan to the EU countries during the reporting period is 4.179 billion euros (a decline of 2.1 times year-on-year).
According to Eurostat, in 2022, EU countries imported natural gas from Azerbaijan for 15.599 billion euros (an increase of 4 times over the year).
In 2022, Azerbaijan increased gas exports by 18% to 22.3 bcm, supplies to Europe amounted to 11.4 bcm (+39%). I
n 2023, gas exports from Azerbaijan are planned at the level of 24 bcm, of which about 12-12.5 bcm – to Europe.
Caspian Barrel
