The Trans Adriatic Pipeline (TAP) has delivered more than 54 billion cubic metres of gas during 5-year period, said Azerbaijan’s energy minister Parviz Shahbazov.
"Five years have passed since Azerbaijan began exporting gas to Europe via TAP. During this period, more than 54 bcm of gas has been supplied to Europe via TAP. This year, according to operative data, 12.8 bcm of gas has been exported to Europe under short- and long-term contracts," Shahbazov said in a post on X.
The Trans Adriatic Pipeline, the final component of the Southern Gas Corridor designed to transport Azerbaijani gas from the Caspian to Europe, entered commercial operation on 15 November, 2020. The 878-kilometre pipeline runs through Greece, Albania, the Adriatic Sea, and Italy.
Azerbaijan began exporting gas to Europe on 31 December, 2020. Under an agreement with the EU, deliveries are expected to reach at least 20 bcm per year by 2027.
In the first phase of TAP's expansion, Italy will receive 1 bcm of Azerbaijani gas, while Albania will receive 200 million cubic metres.
Following market tests conducted in 2021, TAP shareholders committed to increasing the pipeline's annual capacity by an additional 1.2 bcm above the 10 bcm threshold by 1 January, 2026.
European leaders gathered in Dublin on Thursday, 12 November, for the ninth European Political Community (EPC) summit, with security, defence and e...
Afghan and Russian businesses signed 15 trade agreements worth $103 million in Kabul on Thursday during a visit by Russian Deputy Prime Minister Al...
Rising demand for air cargo and expanding international aviation networks are opening up new trade opportunities for Central Asia and the South Cau...
UN Secretary-General António Guterres delivered a stark warning at this year's COP31 summit, saying the climate crisis iss advancing faster than governments' efforts to contain it.
European leaders gathered in Dublin on Thursday, 12 November, for the ninth European Political Community (EPC) summit, with security, defence and energy high on the agenda. Azerbaijani President Ilham Aliyev held talks focused on peace, trade and regional cooperation.
Here's your AnewZ Daily Brief for 11 November. Today, we cover Russia-Ukraine peace talks, political tensions in Washington, strikes in Spain, espionage allegations involving Nvidia's CEO, and climate negotiations at COP31 in Türkiye.
Four million workers across Spain joined a general strike on Wednesday over the country’s deepening housing crisis, unions said, bringing disruption to factories, ports, shops and public transport just weeks before a snap general election.
Iran has unveiled a new underground missile and drone base, warning that it will respond forcefully to any attack, as tensions persist with the U.S. and oil tankers continue to be struck by naval mines in the Strait of Hormuz.
Afghan and Russian businesses signed 15 trade agreements worth $103 million in Kabul on Thursday during a visit by Russian Deputy Prime Minister Alexei Overchuk, Afghanistan’s government said.
Rising demand for air cargo and expanding international aviation networks are opening up new trade opportunities for Central Asia and the South Caucasus, as countries invest in airports and strengthen their roles in global supply chains.
Kazakhstan’s security service has arrested Nurlan Zhakupov, CEO of Samruk-Kazyna, the country’s sovereign wealth fund, on suspicion of corruption. Yelzhas Otynshiyev, Chairman of KTZ, Kazakhstan’s national railway firm has also been detained.
An Israeli airstrike on Nasser Hospital in southern Gaza has killed at least six people, including a surgeon, and wounded 20 others, according to Gaza’s civil defence service.
The competitiveness of international trade depends on how efficiently goods move across borders. These issues are in focus at the 22nd International Exhibition of Transport and Logistics – TransLogistica Uzbekistan 2026, taking place in Tashkent, Uzbekistan, from 10 to 12 November.
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