Azerbaijan’s gas share in the Italian market exceeds 16%

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.

Azerbaijan's revenue from operating major gas pipelines, including the South Caucasus Pipeline (which exports gas from the “Shah Deniz” field), amounted to 1.359 billion AZN ($799.9 million at the current exchange rate) in the first half of 2024. According to a report from the State Statistics Committee of Azerbaijan, this income increased by 7.8% compared to January-June 2023.

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.