Azerbaijan imported more than 857 million cubic meters (mcm) of natural gas from Turkmenistan in 2022, the Interfax-Azerbaijan news agency reported on Thursday with reference to the Azerbaijani Government.
Turkmen natural gas exports to Azerbaijan during the period amounted to more than $110.87 million.
In 2022, Azerbaijan imported a total of more than 1.016 billion cubic meters of natural gas, a nearly 2-fold increase compared to 2021. The imports of natural gas amounted to over $130.63 million, a 6.7-fold jump compared to 2021.
Supplies of Turkmen gas accounted for 84.3% of the natural gas imports, while the rest came from Russia – more than 93 mcm for $17.2 million, and Iran – nearly 67 mcm for more than $2.5 million.
In 2021, all of Azerbaijan's gas imports came from Iran.
Azerbaijan currently imports Turkmen natural gas in accordance with the trilateral gas swap agreement between Turkmenistan, Iran and Azerbaijan. The agreement provides for the supply of 1.5-2 billion cubic meters of Turkmen gas per year to Azerbaijan through Iran.
In early June 2022, Economy Minister of Azerbaijan Mikail Jabbarov and Iranian Petroleum Minister Javad Ovji signed a memorandum of understanding in Baku, under which gas supplies from Turkmenistan to Azerbaijan via Iran will be doubled.