Costs of Shah Deniz Project Decreased by 44.5%

From January to October of this year, Azerbaijan exported 89,712 tons of crude oil to France, valued at $57.085 million, the monthly report of the State Customs Committee of Azerbaijan.

From January to September 2024, Azerbaijan exported 8.462 bcm of gas to Türkiye,  the monthly report of the Energy Market Regulatory and Control Authority of Türkiye (EPDC). According to the report, this is 1.7% lower than the same period in 2023.

In the first ten months of 2024, Azerbaijan exported 1.733 billion kWh of electricity, valued at $93.561 million, the monthly report of the State Customs Committee of Azerbaijan. According to the report, the value of exports decreased by $254.56 million (73.12%) and the volume dropped by 1.676 billion kWh (49.16%) compared to the same period last year.

In the period from January to October 2024, gas production in Russia increased by 8.2%, reaching 578.2 bcm. “Gazprom” increased its production by 13%, reaching 370 bcm,  the monthly report of Rosstat.