From January to March 2015 Azerbaijan exported 2,426,901,074 cub.m. of gas. This is up 1.2% against quarter 1, 2014.
According to the State Customs Committee of Azerbaijan, during this period the declared volume of gas totaled 487,789,072 cub.m. to the amount of $75,833,066. This means that from January to March 2015 Azerbaijan sold 1000 cub.m. of its gas at the price of $155.47.
At present Azerbaijani gas is exported by State Oil Company of Azerbaijan (SOCAR) to Russia, Iran and Georgia and by the Shah Deniz consortium to Georgia and Turkey via the Baku-Tbilisi-Erzerum gas pipeline.
The Shah Deniz consortium does not declare its gas at the customs agencies.—0—
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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