• $ 1.7
  • € 1.9855
  • ₽ 0.022439
  • ₺ 0.0378
  • £ 2.2888

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

SOCAR’s oil terminal in Georgia plans to increase cargo transshipment by 20%
Business 16:00
SOCAR’s oil terminal in Georgia plans to increase cargo transshipment by 20%
AGB Energi Group: Unified approach needed for development of Middle Corridor
Business 15:00
AGB Energi Group: Unified approach needed for development of Middle Corridor
Official Statement of Yelo Bank
Business 14:18
Official Statement of Yelo Bank
Wheat shipped to Armenia via transit through Azerbaijan
Business 14:00
Wheat shipped to Armenia via transit through Azerbaijan
“Qəhrəmanlar bağı” initiative implemented in Goygol
Business 12:00
“Qəhrəmanlar bağı” initiative implemented in Goygol
Azerbaijan’s strategic foreign exchange reserves rise 15.5% year-on-year
Business 18:00
Azerbaijan’s strategic foreign exchange reserves rise 15.5% year-on-year
ABB Bank announces the launch of the second stage of its bond issuance
Business 17:52
ABB Bank announces the launch of the second stage of its bond issuance
Nar Celebrates World Book Day inSalyan
Business 17:31
Nar Celebrates World Book Day inSalyan
Tech Women Empowerment: Bir Launches “Ctrl is hers” Program
Business 17:19
Tech Women Empowerment: Bir Launches “Ctrl is hers” Program
Anews TV

Our official Youtube channel

Subscribe