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Project for additional supplies of Azerbaijani gas to Europe to be submitted on Feb 3

4 January 2023 09:59 (UTC+04:00)
Project for additional supplies of Azerbaijani gas to Europe to be submitted on Feb 3

A project for additional supplies of Azerbaijani natural gas to Europe will be submitted at the February 3 Baku meeting of the energy ministers of the countries participating in the Southern Gas Corridor project, Bulgarian President Rumen Radev said.

He made the remarks at a meeting with Turkish Energy Minister Fatih Donmez in Sofia, Bulgaria.

"This project will allow the immediate start of pumping additional volumes of natural gas from Azerbaijan to Europe with minimal funds. At the initiative of Bulgaria, Romania, Hungary, Slovakia, and Austria joined the project," he said.

With the completion of the TAP (Trans-Adriatic Pipeline) construction on December 31, 2020, Azerbaijan began commercial gas supplies to Europe via the Southern Gas Corridor. The SGC is an initiative of the European Commission for a natural gas supply route from the Caspian and Middle Eastern regions to Europe. The route from Azerbaijan to Europe consists of the South Caucasus Pipeline, TANAP, and TAP.

Last year, TAP transported 8.1 billion cubic meters of gas to Europe. In 2023, Azerbaijan plans to increase gas supplies to Europe to 11 billion cubic meters. As of 2022, Azerbaijan has exported 9.3 billion cubic meters of gas to Europe in the first ten months and is expected to supply 11.5 billion cubic meters of gas to Europe by the end of the year.

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