Azerbaijan imported more than 857 million cubic meters of gas from Turkmenistan for 110 million USD in2022

Azerbaijan imported more than 857 million cubic meters of gas from Turkmenistan for 110 million USD in2022

Declared gas imports to Azerbaijan in 2022 amounted to 1 billion 16 million 423,6 thousand cubic meters, which is 2 times higher than in 2021, imports from Turkmenistan amounted to more than 857 million cubic meters worth more than 110 million USD, reports “Interfax-Azerbaijan”.

The cost of gas imported to Azerbaijan in 2022 amounted to 130 million 634,12 thousand USD, which is 6,7 times more than in 2021. We are talking about the volumes declared by the State Customs Committee of Azerbaijan.

In the structure of gas imports to Azerbaijan in the reporting period, 84,3% accounted for supplies from Turkmenistan - 857 million 66,65 thousand cubic meters in the amount of 110 million 871,38 thousand USD.

Import from Russia amounted to 93 million 265,8 thousand cubic meters for 17 million 254,17 thousand USD, from Iran - 66 million 91,19 thousand cubic meters for 2 million 508,56 thousand USD.

As previously reported, since January 2022, Iran has begun transporting gas received from Turkmenistan to Azerbaijan in accordance with a trilateral swap agreement. In general, the agreement provides for the supply to Azerbaijan through Iran of up to 1,5-2 billion cubic meters of Turkmen gas per year.

In early June 2022, Azerbaijani Economy Minister Mikayil Jabbarov and Iranian Oil Minister Javad Ouji signed a Memorandum of Understanding in Baku, according to which gas supplies from Turkmenistan to Azerbaijan through Iran will double.

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