• $
  • £

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 Polymer Exports Reach Over $154M in Jan–Jul 2026
Business 18:00
SOCAR Polymer Exports Reach Over $154M in Jan–Jul 2026
Azerbaijan's Agricultural and Agro-Industrial Exports Grow 22.8% to $896 Million
Business 17:29
Azerbaijan's Agricultural and Agro-Industrial Exports Grow 22.8% to $896 Million
11 Azerbaijani Crew Members Rescued from Sinking Cargo Ship off Turkish Coast
Business 15:30
11 Azerbaijani Crew Members Rescued from Sinking Cargo Ship off Turkish Coast
Gold Holds Steady as Silver Climbs Ahead of Fed Remarks
Business 14:00
Gold Holds Steady as Silver Climbs Ahead of Fed Remarks
SOCAR Deploys Cutting-Edge 'HD OBN' 3D Seismic Technology for the First Time
Business 13:30
SOCAR Deploys Cutting-Edge 'HD OBN' 3D Seismic Technology for the First Time
Central Bank of Azerbaijan sets official exchange rates
Business 11:00
Central Bank of Azerbaijan sets official exchange rates
Commercial Vessel Catches Fire in Black Sea, 12 Crew Members Rescued
Business 10:00
Commercial Vessel Catches Fire in Black Sea, 12 Crew Members Rescued
Azeri Light crude rises above $92 per barrel
Business 09:30
Azeri Light crude rises above $92 per barrel
Brent Slides for Fourth Day as Urals Drops to $64.32 on Hormuz Diplomacy
Business 13:30
Brent Slides for Fourth Day as Urals Drops to $64.32 on Hormuz Diplomacy
Anews TV

Our official Youtube channel

Subscribe