Azerbaijan took no part in first international tender on joint gas purchases by European Union

The European Commission has announced the first international tender for the joint purchase of gas within the framework of the EU energy platform. Applications are accepted until May 15 due to gas supplies to the EU in June 2023-May 2024.

According to the deputy chairman of the European Commission (EC) Maros Sefcovic,

"to date, about 107 companies have registered to participate in joint gas purchases through the newly created "AggregateEU" mechanism.

He said that "for the first tender announced today, 77 European companies have applied for a total volume of about 11.6 billion cubic meters of gas, including 2.8 billion cubic meters in the form of LNG, and nearly 9.6 billion cubic meters of pipeline gas.

"We invite all reliable international suppliers to participate and submit their applications to serve these European customers. "AggregateEU" is a new platform for gas trading in Europe, which, on the one hand, will help European industry, including energy-intensive companies, establish new commercial relations with alternative gas suppliers "in the context of the EU's efforts to refuse from the Russian gas."

An informed source told Turan that Azerbaijan is not involved in this first stage.

"In reality, it is only "Azerbaijan Gas Supply" company that offers gas for sale from Azerbaijan now. However, earlier in January 2023 this company submitted an application for the supply of 1 billion cubic meters per year to Europe, starting from 2026. Until then, it is unlikely that AGSC will participate in the EU unified tenders. And other suppliers are not real, because there are no additional capacities of SGC, and the first stage of its expansion will be only in 2026, " the source explained.

Source: Turan News Agency