From January to April 2016 Azerbaijan exported 2,259,096,000 cub.m. of gas to Turkey as a part of the Shah Deniz Phase 1 field development. Import of Azerbaijani gas to Turkey increased by 39.8 mcm or by 1.8% against the same period in 2015.
According to the monthly report of the Turkish Council for Energy Market Regulation, in April 2016 Azerbaijan exported 546,018,000 cub.m. of gas to Turkey, up 15.99 mcm against April 2015.
In April 2016 3.08 bcm of gas was imported to Turkey via pipeline. 17.7% of import was Azerbaijani gas and the remaining was gas imported from Iran and Russia.
According to EPDK, in 2015 Azerbaijani gas export to Turkey totaled 6,168,068,000 cub.m.
Table of Azerbaijani gas import (million cub.m.)
|
|
2016 |
2015 |
|
January |
594,46 |
577,36 |
|
February |
558,49 |
536,11 |
|
March |
560,83 |
576,50 |
|
April |
546,18 |
530,19 |
|
Total |
2 259,96 |
2 220,16 |
According to the Azerbaijan State Statistical Committee, from January to April 2016 2,545,040,000 cub.m. of gas was exported via the Southern Caucasian pipeline (Baku-Tbilisi-Erzurum). Gas extracted on the Shah Deniz field is also exported to the Georgian market. 5% of gas pumped to Turkey is handed over to Georgia.—0—
Economics
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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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The Azerbaijani government has proposed that the OPEC Fund participate in financing several renewable energy projects, including offshore wind energy development, green energy corridor initiatives, and a 1 GW project planned by SOCAR in partnership with the UAE-based company Masdar.
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