During 10 months, 2013 Azerbaijan has exported 5,732,000,000 cub.m. of natural gas, according to the meters of the State Customs Committee.
2,555,000,000 cub.m. of gas to the amount of $599,969,000 has been exported on the basis of the customs declarations. Since early year Azerbaijan has exported 1000 cub.m. of gas at an average price of $234.8.
Gas export increased by 26.88% in money equivalent against the same period in 2012. By November 1, 2013 share of gas in total export of the republic constituted 3.01%.
According to the meters, in 2012 6.99 billion cub.m. of natural gas was exported from Azerbaijan.
If this volume 2,714,000,000 cub.m. to the amount of $648,717,000 has been exported on the basis of the customs declarations.
At present SOCAR delivers gas to Russia, Georgia and Iran for the needs of Nakhchivan Autonomous Republic (NAR).
The Shah-Deniz consortium exports natural gas to Turkey via the South-Caucasian pipeline. The Shah-Deniz gas is not included into the declared volume of gas.—0—
Economics
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The first Russian-Iranian joint LNG plant is planned to be built in the Chelyabinsk region by 2027, as reported by Nikolai Isakov, Vice President and Executive Director of the Russian Gas Society. The joint venture will be developed by Kriogaz Chelyabinsk (Russia) and North-South Corridor Development Group (Iran).
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The Southern Gas Corridor (SGC) will expand by at least 1.2 billion cubic meters per year starting from January 2026, thanks to the capacity increase of its European segment, the Trans Adriatic Pipeline (TAP). By this time, the potential for transporting a blend of hydrogen with other low-carbon gases through TAP is expected to become clearer.
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Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
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Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
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