The European Commission estimated when gas prices in Europe will fall
Energy
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At the beginning of this week, TANAP A.Ş., the operator of the Trans-Anatolian gas Pipeline (TANAP), announced that 60 bcm of gas have already been transported through the pipeline. “Since the start of commercial gas operation on June 30, 2018, 60 bcm of Azerbaijani gas have been transported through the TANAP pipeline,” media page of the company.
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Albania plans to start importing Azerbaijani natural gas for its own consumption in 2026. Plans are being developed for the development of the necessary gas distribution infrastructure, the report of the international rating agency S&P Global Ratings.
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The countries of the European Union (EU) exported about 2 thousand tons of petroleum products to Azerbaijan in January 2024, by 2.4 times more than in the same period of 2023. According to the statistical Office of the European Union (Eurostat), in monetary terms, supplies increased by 2 times, to about 4.5 million euros.
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In January 2024, the countries of the European Union (EU) imported about 19.7 thousand tons of petroleum products from Azerbaijan, by 83 times more than in the same period of 2023. According to the statistical Office of the European Union (Eurostat), in monetary terms, supplies increased 42 times, to about 11.3 million euros.
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