OIL PLATFORMS

Trans-Caspian pipeline: Azerbaijan signals readiness, Turkmenistan, Europe need to act fast – ex-US ambassador

By
MARYANA AKHMEDOVA

Amid global economic instability, Azerbaijan’s mitigating role in energy crisis is rapidly increasing. With Azerbaijan and the EU agreeing on doubling the supplies of Azerbaijani gas by 2027, the country’s gas exports to Europe are expected to be 20 bcm, while this year at least 11.6 bcm is planned to be supplied. Moreover, Azerbaijan’s total gas exports this year are expected at 24 bcm.

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