popular articles

Azerbaijan and Russia discuss gas transit via Ukraine

Azerbaijan is negotiating with Russia to extend gas transit via Ukraine, which is essential for Austria and Slovakia, according to President Aliyev.
Transit gaz azerbaïdjanais Ukraine

Please share:

Azerbaijan is currently in talks with Russia to extend gas transit via Ukraine. This initiative is in response to requests from Ukraine and the European Union (EU) to extend the gas transit contract, due to expire at the end of 2024.
This contract is crucial for several European countries, notably Austria and Slovakia.
Aliyev, Azerbaijan’s president, explains that his country could facilitate this extension.
“We have been approached by the Ukrainian authorities and the EU to help extend this contract,” says Aliyev.
Negotiations with Russia are ongoing, and Aliyev believes it is possible to reach an agreement.

Impact on Austria and Slovakia

The absence of Russian gas flows via Ukraine could seriously affect countries such as Austria and Slovakia.
Aliyev points out that these countries would either have to pay much more to obtain gas from other sources, or face a supply deficit.
At present, Russian gas transit via Ukraine represents around 42 million cubic meters per day, or 15 billion cubic meters per year.
In 2023, these deliveries totaled 14.65 billion cubic meters, down 28% on 2022.

Alternative with Azerbaijan

Ukrainian President Volodymyr Zelensky mentions that Kyiv is considering transiting Azerbaijani gas to Europe via Ukraine.
This option is currently under discussion between the Ukrainian and Azerbaijani governments.
The European Commission and the German government are also holding discussions with EU member states potentially affected by a halt to transit via Ukraine.
Slovak Prime Minister Robert Fico is expressing interest in importing Azerbaijani gas via Ukraine, with the support of Ukrainian Prime Minister Denys Shmyhal.

Accusations of gas resale

Aliyev addresses accusations that Azerbaijan is reselling Russian gas to Europe, calling the allegations “fake news”.
He defends the decision to purchase 1 billion cubic meters of Russian gas, insisting that this was a purely commercial decision, motivated by affordable prices.
In addition, Azerbaijan has stopped gas imports as part of an exchange agreement with Turkmenistan and Iran.
“We don’t need anyone else’s gas,” says Aliyev, adding that the transport of Turkmen gas via Iran to Azerbaijan has also been halted.

Energy relations with Europe

Energy relations between Azerbaijan and Europe continue to develop.
In 2024, Azerbaijan plans to supply 13 billion cubic meters of gas to Europe, up from 11.8 billion in 2023.
Aliyev underlines the goal of doubling gas supplies to Europe by 2027, in line with the declaration of strategic partnership signed with the European Commission in July 2022.
Negotiations between Azerbaijan and Russia on gas transit via Ukraine are essential for the energy stability of several European countries.
This initiative reflects Azerbaijan’s strategic position in regional and European energy geopolitics.

Register free of charge for uninterrupted access.

Publicite

Recently published in

North Macedonia strengthens its energy security with an agreement with SOCAR, aiming at the diversification of natural gas supplies and innovative projects like gas cogeneration.
Increase in Premiums for 2025 LNG Contracts Following Trump’s Victory
Increase in Premiums for 2025 LNG Contracts Following Trump’s Victory
The new European methane regulation is pushing the U.S. to strengthen the compliance of its LNG, paving the way for crucial dialogue between the two major players in the global energy market.
The new European methane regulation is pushing the U.S. to strengthen the compliance of its LNG, paving the way for crucial dialogue between the two major players in the global energy market.
Sinopec and TotalEnergies are negotiating a long-term LNG contract at under 12% of crude oil prices, an unprecedented threshold for Northeast Asia. The agreement includes seller-favorable flexibilities while remaining subject to finalization.
Sinopec and TotalEnergies are negotiating a long-term LNG contract at under 12% of crude oil prices, an unprecedented threshold for Northeast Asia. The agreement includes seller-favorable flexibilities while remaining subject to finalization.
With a net profit of $1.24 billion in Q3 2024, ADNOC Gas surpasses expectations and announces a growth strategy targeting a 40% increase in EBITDA by 2029, supported by $15 billion in investments.
The Norwegian Ministry of Energy has formalized an agreement to nationalize its pipeline network, buying shares from seven private owners and consolidating state control over a crucial strategic infrastructure.
The Norwegian Ministry of Energy has formalized an agreement to nationalize its pipeline network, buying shares from seven private owners and consolidating state control over a crucial strategic infrastructure.
Despite escalating tensions and the preparation of a Russian counteroffensive in the Kursk region, Russian gas flows to Europe via Ukraine continue as usual, according to data from GTSOU.
Despite escalating tensions and the preparation of a Russian counteroffensive in the Kursk region, Russian gas flows to Europe via Ukraine continue as usual, according to data from GTSOU.
Contract premiums for 380 CST fuel oil in Hong Kong fell in November due to weak demand and limited supply, influenced by improved weather conditions in China.
Contract premiums for 380 CST fuel oil in Hong Kong fell in November due to weak demand and limited supply, influenced by improved weather conditions in China.
After a slowdown in September due to maintenance, Norwegian gas exports to Northwest Europe reached 9.56 billion m³ in October, reflecting a market still vulnerable according to Equinor.
The transit of Russian gas through Ukraine may end in late 2024 if no agreement is reached between European buyers and Kyiv. This decision could increase pressure on the European energy market.
The transit of Russian gas through Ukraine may end in late 2024 if no agreement is reached between European buyers and Kyiv. This decision could increase pressure on the European energy market.
During a visit to Tokyo, Qatar’s Minister of Energy discussed the future of LNG supplies with Japanese companies, as several long-term contracts approach their expiration.
During a visit to Tokyo, Qatar’s Minister of Energy discussed the future of LNG supplies with Japanese companies, as several long-term contracts approach their expiration.
To meet growing demand, global gas liquefaction capacity could increase by 45% by 2030, supporting decarbonization goals in countries like India, which rely on natural gas for their energy transition.
To meet growing demand, global gas liquefaction capacity could increase by 45% by 2030, supporting decarbonization goals in countries like India, which rely on natural gas for their energy transition.
After a drop due to maintenance in September, Norwegian gas exports to Northwest Europe increased by 49% in October, a sign of sustained demand despite an uncertain market.
Thanks to significant gas projects, Guyana and Suriname could supply up to 12 million tonnes of LNG per year by the next decade, offering a competitive alternative in the global market.
Thanks to significant gas projects, Guyana and Suriname could supply up to 12 million tonnes of LNG per year by the next decade, offering a competitive alternative in the global market.
Adnoc signs a historic agreement with SEFE to secure Germany's LNG supply
Adnoc signs a historic agreement with SEFE to secure Germany's LNG supply
The new Northern Natural Gas Pipeline connects shale gas resources from Neuquén to northern Argentina, aiming to reduce imports and open up export opportunities.
The new Northern Natural Gas Pipeline connects shale gas resources from Neuquén to northern Argentina, aiming to reduce imports and open up export opportunities.
Senegal is poised for an energy milestone with the final investment decision (FID) for the Yakaar-Teranga gas project expected in the first quarter of 2025.
The White House calls on an appeals court to suspend the obligation to lift the moratorium on liquefied natural gas (LNG) export permits imposed by a Louisiana court.
The White House calls on an appeals court to suspend the obligation to lift the moratorium on liquefied natural gas (LNG) export permits imposed by a Louisiana court.
Algeria strengthens its position in the European energy market with a new agreement between Sonatrach and ČEZ Distribuce for the supply of natural gas, meeting the Czech Republic's growing demand for energy diversification.
Algeria strengthens its position in the European energy market with a new agreement between Sonatrach and ČEZ Distribuce for the supply of natural gas, meeting the Czech Republic's growing demand for energy diversification.
TotalEnergies signs a deal to supply 2 million tons of LNG to Sinopec over 15 years
TotalEnergies signs a deal to supply 2 million tons of LNG to Sinopec over 15 years
Gas consumption in Germany falls for the second consecutive year
EU’s Energy Security Strengthened: Gas Storage Surpasses Targets Before Winter
EU’s Energy Security Strengthened: Gas Storage Surpasses Targets Before Winter
The EU Invests in a New Gas Corridor to Secure LNG Supply from the U.S.
The EU Invests in a New Gas Corridor to Secure LNG Supply from the U.S.
Liquefied natural gas (LNG) prices in the Eastern Mediterranean are falling, impacted by weak European demand and reduced shipping costs while gas reserves remain high.
Liquefied natural gas (LNG) prices in the Eastern Mediterranean are falling, impacted by weak European demand and reduced shipping costs while gas reserves remain high.

Advertising