BAKU, Azerbaijan, September 22. Over the course of the first seven months of 2023, Greece imported nearly 1.2 billion cubic meters of gas from Azerbaijan, Eurostat, the statistical office of the European Union, told Trend.
In July alone, Greece imported 173.7 million cubic meters of gas, a marginal decrease of 0.77 percent compared to the 175 million cubic meters recorded in June, indicating stable energy sourcing from Azerbaijan.
The financial commitment made by Greece for natural gas imports from Azerbaijan during the initial seven months of 2023 amounted to nearly 578 million euros.
Furthermore, in July, Greece's expenditure on Azerbaijani natural gas reached more than 54 million euros, exhibiting a 6.9 percent reduction from the 58 million euros spent in June.
Azerbaijan, a crucial gas supplier to Europe, utilizes the Trans Adriatic Pipeline (TAP) as part of the Southern Gas Corridor, boasting a capacity of 10 billion cubic meters, expandable to 20 billion cubic meters annually. The Ministry of Energy of Azerbaijan reported that the country exported 6.6 billion cubic meters of gas to Europe from January through July 2023. Overall, gas exports for the same period amounted to 13.8 billion cubic meters, reflecting a robust 7 percent increase compared to the same period in 2022.
This increase in exports includes contributions from various gas fields, with 7.5 billion cubic meters sourced from the Azeri-Chirag-Gunashli field block, 15.4 billion cubic meters from the Shah Deniz field, 5.1 billion cubic meters produced by the State Oil Company, and 0.1 billion cubic meters from the Absheron field.
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