• $
  • €
  • ₽
  • ₺
  • £

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
Azerbaijan reports growth in rail and road freight transport
Business 18:05
Azerbaijan reports growth in rail and road freight transport
AI-92 Gasoline: Export Dynamics and Sharp Import Drop
Business 17:30
AI-92 Gasoline: Export Dynamics and Sharp Import Drop
Mirzoyan signals Armenia-Turkey border could reopen at any moment
Business 17:00
Mirzoyan signals Armenia-Turkey border could reopen at any moment
Belarus expands industrial cooperation with Azerbaijan
Business 15:30
Belarus expands industrial cooperation with Azerbaijan
Azerbaijan drafts securitization bill to unlock bank liquidity
Business 14:30
Azerbaijan drafts securitization bill to unlock bank liquidity
Oil price shifts to impact Azerbaijan's budget and SOFAZ assets
Business 13:30
Oil price shifts to impact Azerbaijan's budget and SOFAZ assets
TAP pipeline awarded UN OGMP 2.0 'Gold Standard'
Business 13:00
TAP pipeline awarded UN OGMP 2.0 'Gold Standard'
Turkey deploys Osman Gazi floating platform to double Black Sea gas output
Business 12:30
Turkey deploys Osman Gazi floating platform to double Black Sea gas output
Brent and WTI crude futures edge lower on ICE and NYMEX
Business 12:00
Brent and WTI crude futures edge lower on ICE and NYMEX
Anews TV

Our official Youtube channel

Subscribe