Can Azerbaijan Help Solve Europe’s Gas Crisis?

Can Azerbaijan Help Solve Europe’s Gas Crisis?

OilPrice.com

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The Russia-Ukraine war disrupted global supply chains and weakened economies worldwide, but it spells opportunity for Azerbaijan, the hinge of Europe and Asia. The U.S. and Europe sanctioned  Russian oil and natural gas, but Azerbaijan is on track to increase gas exports in 2022 and the following years, via the 3,500-kilometer Southern Gas Corridor (SBC) which traverses seven countries and supplies Turkey and Europe. Currently, Azerbaijan supplies 10 billion cubic meters (bcm) of natural gas to Europe and 6bcm to Turkey through the SGC. …

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