Italy's Azerbaijan gas imports rose 10.5% year-on-year to 488 million cubic meters in May 2024.

Italy's natural gas imports from Azerbaijan rose 10.5% year-on-year, reaching 488 million cubic meters in May 2024. The value dropped by 25% to €276 million in May 2024 from €366 million in May 2023. From January to May 2024, Italy imported 2.4 billion cubic meters, valued at €1.35 billion, compared to 2.2 billion cubic meters worth €2.6 billion in the same period of 2023. Azerbaijan began gas transportation to Europe via the Southern Gas Corridor in December 2020, aiming to double gas supplies to 20 billion cubic meters by 2027.

August 06, 2024
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