Azerbaijan has sold 38 bcm of gas in Europe in 3.5 years

President of Ukraine Vladimir Zelensky confirmed to “Bloomberg” information about the ongoing negotiations on the transit of Azerbaijani gas through the territory of Ukraine to the countries of the European Union. President Zelensky said that several options for using Ukraine's transit gas pipelines are being discussed.

The future of Russian gas transit to Europe through Ukraine after 2024 depends on Ukraine's wishes and rules, but Russia is ready to continue supplies, Russian Deputy Prime Minister Alexander Novak told reporters.

In January-June of this year, the State Oil Fund of Azerbaijan (SOFAZ) received $3 billion 5.3 million from the development of the Azeri-Chirag-Guneshli (ACG) block of fields located in the Azerbaijani sector of the Caspian Sea,  the SOFAZ website. It is noted that the income of the Oil Fund from ACG during the period under review decreased by $ 342.7 million or 10.24% compared to January-June 2023.

In January-June of this year, the State Oil Fund of Azerbaijan (SOFAZ) received revenues in the amount of $244.069 million from the development of the “Shah Deniz” gas condensate field located in the Azerbaijani sector of the Caspian Sea, SOFAZ website.