Azerbaijan establishes stable supply for long-term contracts with EU

Azerbaijan has played a key role in helping reduce Europe's dependence on Russian gas, Julien Mathonnière, oil markets economist at Energy Intelligence Group, stated at the event titled "Caspian and Central Asia – Refining, Petrochemicals, Trade, Logistics," held in Baku, Report informs.

He noted that increasing gas volumes to Europe is being carried out against the backdrop of maintaining geopolitical balance in the Caspian region: "Azerbaijan has successfully increased gas supplies to the European Union through the Shah Deniz project. The country has committed to doubling its gas exports to the EU by 2027, reaching 20 billion cubic meters. This process is being implemented via the Trans-Anatolian and Trans-Adriatic pipelines. The expansion of BP's operations at the Shah Deniz field-through six new wells-will ensure both domestic demand and stable supply under long-term contracts with the EU. Technically, it's a successful project."

Mathonnière added that the move is also a political and geopolitical success: "Azerbaijan has positioned its gas cooperation with Europe as market diversification, not as a counterbalance to Russia. This reflects a highly skilled diplomatic approach. Azerbaijan continues its energy cooperation with Russia, including electricity trade and regional infrastructure projects, while simultaneously expanding gas exports to Europe. This is a prime example of a well-executed diversification strategy."

The official also emphasized Türkiye's important role in Azerbaijan's energy policy: "Most of the gas supplied to Europe passes through Türkiye. Ankara maintains strong energy and political ties with both Baku and Moscow, serving as a diplomatic buffer. Azerbaijan has effectively leveraged Türkiye as an ideal partner in energy diplomacy, and I believe this has been executed very successfully."