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
-
The COP29 conference revealed significant divisions between wealthy governments, with limited domestic budgets, and developing countries. The European Union, the United States, and other developed nations raised their climate financing offer for developing countries to $300 billion per year during COP29 last Saturday, attempting to break the increasingly tense negotiations.
-
On November 23, President Ilham Aliyev signed a decree to improve governance in electricity and water supply management and address related issues. According to the decree, the Cabinet of Ministers of the Republic of Azerbaijan must take necessary steps within a month to transfer the functions of the State Energy Agency of the Nakhchivan Autonomous Republic (NAR) to the state-owned companies Azerenergy (the state monopoly for electricity production and transportation) and “Azerishig” (the state monopoly for electricity distribution).
-
Azerbaijan currently exports oil to approximately 30 countries, and by December, the number of countries importing Azerbaijani gas is expected to reach 12, Azerbaijan's Energy Minister announced on November 22 in Istanbul during the energy forum at the session titled "Challenges and Opportunities for a Sustainable Future." However, the minister did not reveal the names of the new gas importers. At present, 10 countries officially import Azerbaijani gas: Georgia, Türkiye, Greece, Italy, Bulgaria, Romania, Hungary, Serbia, Croatia, and Slovenia.
-
Azerbaijan's oil production is expected to reach 640,000 barrels per day in 2025, according to forecasts from the International Energy Agency (IEA). The IEA has kept its oil production forecast for Azerbaijan unchanged from its previous assessment made last month. The agency predicts that Azerbaijan’s oil production will start at 610,000 barrels per day in the first quarter of 2025, increase to 630,000 barrels per day in the second quarter, and reach 650,000 barrels per day in the third quarter.
Leave a review