BAKU, Azerbaijan, August 15. Azerbaijan exported 23 million cubic meters of natural gas to Serbia from February through June 2024, Trend reports via the State Statistics Committee.
The flow of Azerbaijani gas to Serbia kicked off this February.
The value of gas exports to Serbia from February through June of this year amounted to $7.99 million.
This June alone, Azerbaijan exported over 3.1 million cubic meters of gas worth $1 million to Serbia.
These volumes were recorded by the State Customs Committee of Azerbaijan.
The State Oil Company of Azerbaijan (SOCAR) and the Serbian Srbijagas company signed an agreement on November 15, 2023, for the supply of Azerbaijani gas to Serbia. The deal envisages the supply of up to 400 million cubic meters of gas per year from Azerbaijan to Serbia in 2024–2026, with the possibility of increasing the supply volume starting in 2027.