Doubts Arise Over Azerbaijan Gas Export Targets ...Middle East

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Doubts Arise Over Azerbaijan Gas Export Targets
source : OILPRICE ( Middle East ) () 142
Azerbaijani leader Ilham Aliyev wants the European Union to ease regulatory hurdles and improve financing conditions to enable an expansion of natural gas exports. But recently published data raises doubts about whether Azerbaijan can meet a commitment of exporting 20 billion cubic meters (bcm) of gas annually to the EU by 2027. Azerbaijani gas exports are now trending in the wrong direction, according to data published by Bruegel, a Brussels-based think tank dedicated to improving “the quality of economic policy with open and fact-based…

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