• $
  • €
  • ₽
  • ₺
  • £

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
A New World of Sportson Kinon TV: Azercell launches “Setanta Sports& TV” Pack
Business 19:53
A New World of Sportson Kinon TV: Azercell launches “Setanta Sports& TV” Pack
Azerbaijan Banks Association introduces risk-based cap on payment card issuance
Business 17:29
Azerbaijan Banks Association introduces risk-based cap on payment card issuance
11 cooperation agreements signed at 2nd Azerbaijan International Investment Forum
Business 16:30
11 cooperation agreements signed at 2nd Azerbaijan International Investment Forum
JoinYeloBank’s business campaign with 0% commission!
Business 15:51
JoinYeloBank’s business campaign with 0% commission!
President Aliyev receives Neuberger Berman CEO George Walker
Business 15:30
President Aliyev receives Neuberger Berman CEO George Walker
President Aliyev highlights strategic value of Zangezur Corridor
Business 14:28
President Aliyev highlights strategic value of Zangezur Corridor
Azerbaijan and Syria to establish joint Business Council
Business 14:00
Azerbaijan and Syria to establish joint Business Council
Mikayil Jabbarov: Middle Corridor trade flows could triple by 2030
Business 12:29
Mikayil Jabbarov: Middle Corridor trade flows could triple by 2030
Azerbaijan banking sector assets rise 12.2% year-on-year
Business 12:00
Azerbaijan banking sector assets rise 12.2% year-on-year
Anews TV

Our official Youtube channel

Subscribe