Azerbaijan ramps up gas production and exports, yet faces challenges in meeting its ambitious targets for European Union deliveries amid pipeline limitations and supply uncertainties.
Azerbaijan is on pace to meet its natural gas export target this year. But Baku still has a long way to go before the country can meet its ambitious export commitments for 2027. Touting Azerbaijan as a “reliable supplier,” President Ilham Aliyev announced at a political conference in the UK in July that the country’s annual export volume for this year was projected to increase by over 10 percent of 2022’s total, reaching almost 13 billion cubic meters bcm of gas.
Despite two days of meetings with senior Turkmen officials, including Turkmen President Serdar Berdimuhamedov and Energy Minister Annageldi Saparov, Bayraktar made little progress towards finalizing an arrangement. He returned to Ankara with only an agreement to continue working on a possible gas swap deal, and a vaguer commitment to look at developing a pipeline capable of carrying 15 bcm annually of Turkmen gas across the Caspian Sea to Turkey and on to Europe.
Natural Gas Gas Exports European Union Energy Goals Pipeline Infrastructure Turkmenistan Caspian Sea Gas Production EU Energy Security
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