Baku/17.03.21/Turan: “In view of the repair work on the North Caucasus - Transcaucasia gas pipeline, the Russian side turned to Azerbaijan with a request for the transit of Russian gas to the territory of Georgia. The request was granted, and Russian gas will be temporarily supplied through Azerbaijan to the territory of Georgia for the corresponding transit payment, starting from March 17,” Ibrahim Ahmedov, spokesman for SOCAR, told Turan, commenting on messages on the temporary transportation of Russian gas to Armenia through the territory of Azerbaijan.
He refrained from commenting on the size of the transit payment and the volume of supplies, stressing that the gas goes exactly in the direction of Georgia.
Note that on March 16 Gazprom Export signed a short-term (approximately 3 weeks) contract with SOCAR for the transportation of Russian gas through the territory of Azerbaijan.
"During the scheduled preventive maintenance work on the North Caucasus - Transcaucasia gas pipeline, Russian gas will be supplied to consumers through the territory of Azerbaijan," the Russian supplier said.
In 2020, Gazprom supplied 2.209 billion cubic meters of gas to Armenia. In January 2021 supplies increased by 9% - up to 310 million cubic meters. -0-
Energy
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In January-November 2024, Azerbaijan imported 513.5 mcm of natural gas worth nearly $82 million. In the same period of 2023, Azerbaijan imported 2 billion 217.7 mcm of natural gas, the monthly bulletin "Foreign Trade Relations of Azerbaijan," prepared by the State Statistics Committee of the Republic of Azerbaijan.
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In January-November 2024, Azerbaijan imported 1.724 million tons of crude oil worth $948.86 million, the monthly bulletin "Foreign Trade Relations of Azerbaijan," prepared by the State Statistics Committee of the Republic of Azerbaijan. Based on the official statistics, Turan Agency calculated that the average cost of 1 ton of imported oil was $550.38, or about $74.37 per barrel. During the same period in 2023, Azerbaijan imported 1.782 million tons of oil worth $994.04 million. The average cost of 1 ton of imported oil was $557.68, or about $75.36 per barrel.
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In January-November 2024, Azerbaijan spent $306.1 million on fuel imports (gasoline, diesel fuel, and aviation kerosene), by 74% more than in the same period of 2023, the monthly bulletin "Foreign Trade Relations of Azerbaijan," prepared by the State Statistics Committee of the Republic of Azerbaijan.
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The Central Bank of Azerbaijan (CBA) forecasts the average oil price for 2025 at $77.3 per barrel, the chairman of the CBA, Taleh Kazimov, stated at a press conference.
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