Azerbaijan on path to turn into regional gas hub

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Azer News

By Ayya Lmahamad Azerbaijan, Iran and Turkmenistan signed a trilateral agreement on the swap of gas supplies on November 28. The agreement envisages deliveries of 1.5 to 2 billion cubic meters of gas each year, with Turkmenistan supplying gas to Iran and Iran delivering an equal quantity of gas to Azerbaijan. Thus, under the trilateral deal, Turkmenistan will sell 5-6 million cubic meters of gas per day to Azerbaijan. These volumes are expected to increase in the future. The implementation of the agreement is planned to begin on December 22, 2021. After a meeting with the Turkmen delegation le…

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