Azerbaijan exports nearly $1.5 billion worth of gas to Türkiye in 7M2026

BAKU, Azerbaijan, September 24. Azerbaijan
exported nearly $1.5 billion worth of natural gas to Türkiye over
the course of seven months.

According to the report "Azerbaijan’s Foreign Trade Relations in
January–July 2026," published by the State Statistics Committee,
Azerbaijan exported 5.648 billion cubic meters of natural gas (in
gaseous form) worth $1.478 billion to Türkiye in the first seven
months of this year.

Based on Trend’s
calculations from the committee’s data, compared to the same period
last year, gas exports to Türkiye decreased by 117 million dollars
in value, or 7.3%, and by 144 million cubic meters in volume, or
2.5%. In the period from January through July 2025, Azerbaijan
exported 5.792 billion cubic meters of gas to Türkiye, valued at
$1.595 billion.

The State Statistics Committee reports that from 2021 through
2025, Azerbaijan's natural gas exports to Türkiye changed as
follows:

As shown in the table compiled by the agency, the largest volume
of natural gas exports from Azerbaijan to Türkiye during the
reporting period was recorded in 2023: 10.854 billion cubic meters.
At the same time, the highest export value was also observed in
2023: $3.682 billion.

In 2022, the volume of exports fell to the lowest level for the
reporting period - 6.854 billion cubic meters - and then rose by
58.4% in 2023. In 2024, shipments fell by 9.6%, and in 2025, they
fell by another 1.3%, totaling 9.688 billion cubic meters.

The value of exports also declined after peaking in 2023,
reaching $2.607 billion in 2025. However, this figure remains
higher than the 2021 level, when the value of exports was $1.684
billion.