• $
  • €
  • ₽
  • ₺
  • £

Expert: Demand for Azerbaijani gas will continue to grow

Expert: Demand for Azerbaijani gas will continue to grow
25.01.2023 15:30
Demand for Azerbaijani gas will continue to grow, Julian Bowden, a senior fellow at the Oxford Institute for Energy Studies (OIES).

"In the short term, it will be difficult for Azerbaijan to increase gas supplies, but demand for it increased by 4% in 2021, and is expected to continue to grow further as Karabakh recovers,” Julian Bowden said, adding that in the long term, for example from 2029, there are many opportunities to expand gas exports.

"In the case of expansion of the Southern Gas Corridor (SGC), there is some prospect of increasing export volumes. Azerbaijan should make it clear when it is going to commit to doing so,” Bowden added.

The expert also stressed that gas plays a role in the transition period as a bridge to a green future for the EU.

www.anews.az
Similar news
Similar news
ABB Holds General Meeting of Shareholders
Business 17:42
ABB Holds General Meeting of Shareholders
Russia seizes 230 kg of food on flights from Baku and Tashkent
Business 17:30
Russia seizes 230 kg of food on flights from Baku and Tashkent
Tech women empowerment: Bir launches training for “Ctrl is hers” winners
Business 17:14
Tech women empowerment: Bir launches training for “Ctrl is hers” winners
Strengthening military power remains key priority for Azerbaijan
Business 16:30
Strengthening military power remains key priority for Azerbaijan
Azerbaijan to raise minimum wage, pensions, and social benefits next year
Business 16:00
Azerbaijan to raise minimum wage, pensions, and social benefits next year
Azerbaijan launches unified agency for SME development, investment, and export
Business 15:30
Azerbaijan launches unified agency for SME development, investment, and export
Azeri Light crude surges past $124 per barrel
Business 14:30
Azeri Light crude surges past $124 per barrel
NYMEX natural gas falls to $2.93 per MMBtu
Business 13:00
NYMEX natural gas falls to $2.93 per MMBtu
Euro and ruble edge down
Business 12:30
Euro and ruble edge down
Anews TV

Our official Youtube channel

Subscribe