Published: July 19th, 2022,
Last updated: May 28th, 2025
Plans for more gas from the Caspian Sea are taking shape. Currently, 8.1 billion cubic meters (bcm) flow annually from Azerbaijan to the EU; from 2027, this figure is to rise to 20 bcm. A corresponding memorandum of understanding was signed yesterday in Baku by EU Commission President Ursula von der Leyen and Azerbaijan’s President Ilham Aliyev. Supplies via the southern gas corridor are to be increased to 12 bcm as early as 2023.