Azerbaijan earns nearly $800 million from major gas pipelines

COP is one of the key platforms for addressing climate change issues, said Yalchin Rafiev, Azerbaijan’s Deputy Foreign Minister and Chief Negotiator for COP29, during a panel discussion at the media workshop "29 Dialogues on Climate: Road to COP29" on Saturday.

In the first half of this year, 5.17 bcm of gas were transported from Azerbaijan to Italy via the Trans-Adriatic Pipeline (TAP). According to the Italian Ministry of Environment and Energy Security, 4.901 bcm were delivered to Italy in the same period last year.

The tanker "Khankendi," of the "Aframax" type and under the Azerbaijani flag, has started operations (this is the fourth such tanker in Azerbaijan), the press service of the Azerbaijan Caspian Shipping Company (ASCO) reported this news at the end of last week.

From January to July, Uzbekistan imported gas worth  $983.7 million, according to a report on foreign trade by the Statistics Agency under the President. This is a 4.9-fold increase in value compared to the first seven months of 2023, when imports amounted to $201 million. This figure also exceeds the total gas imports for the entire year of 2023, which was $694.9 million. The Statistics Agency did not disclose the physical volumes of the imports.