BAKU, Azerbaijan, April 28. The share of Azerbaijan in Europe’s gas market has grown from 4.9 percent as of 2021 to 6.9 percent as of 2022, Trend reports with reference to the World Bank.
The table below shows the share of Europe’s gas suppliers:
|
Country |
Share in 2021 |
Share in 2022 |
|
US |
8 |
17.4 |
|
Russia |
34.1 |
19.5 |
|
Algeria |
20.2 |
18.5 |
|
Qatar |
6.8 |
7.4 |
|
Norway |
9 |
12.5 |
|
Azerbaijan |
4.9 |
6.9 |
|
Other countries |
23.7 |
25.3 |
From January through March 2023, Azerbaijan exported natural gas to Europe (2.9 billion cubic meters), Türkiye (2.7 billion cubic meters), and Georgia (0.9 billion cubic meters). During the reporting period, 1,4 billion cubic meters of gas were exported to Türkiye via the TANAP [Trans-Anatolian Natural Gas Pipeline].
In the first quarter of 2023, gas production in Azerbaijan increased by three percent, to 12.2 billion cubic meters. The country exported over half, or 6.5 billion cubic meters, of natural gas to foreign markets.