Azerbaijan’s Gas Pipeline Revenue Sees 7.6% Increase


Baku: Azerbaijan’s revenue from its main gas pipelines increased by 7.6% last year, reaching 2,707,608.8 million manat, as reported by the State Statistical Committee to APA-Economics. This represents a significant rise from the 2,516,082.5 million manat earned in the previous year.



According to Azeri-Press News Agency, the volume of gas transported through Azerbaijan’s main pipelines also experienced growth. Last year saw the transportation of 40,348.3 million cubic meters of gas, which is a 2.7% increase compared to the preceding year.



The Baku-Tbilisi-Erzurum South Caucasus pipeline played a substantial role in this transport, accounting for 56.6% of the total gas movement. This pipeline, which carries gas from the Shah Deniz gas-condensate field, transmitted 22,851.9 million cubic meters of gas during the reported period, reflecting a 4.3% increase.