Azerbaijan Imports 1.51 BCM of Turkmen Gas in 2023

BUSINESS TURKMENISTAN
Azerbaijan Imports 1.51 BCM of Turkmen Gas in 2023
Gas platforms in the Caspian Sea, Baku, Azerbaijan (Photo: Zuma Press)

Azerbaijan recorded an import of 1.51 billion cubic meters of Turkmen gas in 2023.

According to Azerbaijan's State Statistics Committee, the import of natural gas from Turkmenistan reflects a substantial increase of 77% compared to the previous year's figure of 857 million cubic meters.

The total value of the imported Turkmen natural gas to Azerbaijan throughout the year amounted to $218.22 million. This marks 96.8% surge compared to the corresponding figure in 2022, which stood at $110.87 million.

The trade turnover between Azerbaijan and Turkmenistan in 2023 reached $773.9 million.

 

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