In January-July 2024, Azerbaijan exported 14.4 billion cubic meters of gas worth $4.9 billion, down 7.3% in value but up 0.1% in volume.
AI will summarize what happened, why it matters and what it means for business.
In January-July of this year, Azerbaijan exported 14.428 billion cubic meters of natural gas (in gaseous state) worth $4 billion 882 million US dollars.
This is stated in the information of the State Customs Committee.
According to the information, compared to the same period last year, the cost of natural gas exports decreased by $386.7 million, or 7.3 percent, while the volume increased by 18.019 million tons, or 0.1 percent.
export value decreased by 7.3%, volume increased by 0.1%
Azerbaijan's natural gas exports fell 7.3% in value during January July, while volume rose 0.1%.
Further dynamics in prices and export volumes are expected, along with possible measures to diversify markets.