New large-tonnage Azerbaijani tanker begins operations beyond the Caspian sea

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.

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.

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.