Publications

Turkey seals a new gas supply agreement with Azerbaijan

19 Oct 2021

Turkey has signed a three-year, 11 bcm natural gas deal with Azerbaijan via the Baku-Tiflis-Erzurum pipeline until end-2024. Earlier in October 2021, Azerbaijan agreed to deliver an additional 3.5 bcm/year of natural gas to Turkey as of 2023, on top of a contracted supply of 6 bcm/year.

Azerbaijan is the second-largest natural gas supplier to Turkey accounting for a quarter of total imports (48 bcm of total imports in 2020, +7% on 2019), after Russia (33%). The two countries signed a 20-year contract in 2001 for 6.6 bcm/year of natural gas, which expired in April 2021. In September 2021, they signed a three-year gas supply contract for 6 bcm/year. Azerbaijani gas is supplied to Turkey through the South Caucasus Pipeline and the Trans-Anatolian Natural Gas Pipeline (TANAP). Azerbaijan plans to increase gas exports to Europe and Turkey by 16 bcm in 2022, including 10 bcm to Europe.

Register to receive our daily newsletter


Do you want to become an expert on renewable energies auctions?

Discover our very detailed and regularly updated RES auctions database with worldwide coverage and a technical focus backed by academic research.

With our renewable energies auctions service you will be able to monitor auctions at a global level. Its (expanding) scope notably includes all major G20 countries and offers an especially fine tracking on Europe and South America.