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SEFE partners with Azerbaijan’s SOCAR to import up to 15 twh of natural gas per year

Published by , Editorial Assistant
World Pipelines,


SEFE Securing Energy for Europe and SOCAR, the State Oil Company of Azerbaijan Republic, have announced that they have signed a natural gas purchase contract for the next 10 years. Deliveries from SOCAR to SEFE under this contract will start in 2025.

SEFE partners with Azerbaijan’s SOCAR to import up to 15 twh of natural gas per year

The annual quantity will gradually increase to 15 TWh, which is approximately 1.5 billion m3. This partnership will support investments in production and infrastructure such as gas compressors, increasing the amount of pipeline gas coming to Europe and thus ensuring the continent’s security of supply.

Dr Egbert Laege, SEFE CEO, said: “This long-term contract is a testament to the strong relationship between Germany and Azerbaijan. With this partnership, we are establishing a new route for significant gas volumes to reach Europe, thereby diversifying our portfolio and increasing the security of supply of our customers.”

Rovshan Najaf, SOCAR President, said: “This agreement marks another significant milestone in SOCAR’s ongoing commitment to enhancing Europe’s energy security. By supplying reliable and substantial natural gas volumes to SEFE, we are strengthening the partnership between Azerbaijan and Germany, contributing positively to Europe’s energy diversification goals and sustainable growth. SOCAR remains dedicated to investing in infrastructure and production capacities, ensuring secure and uninterrupted energy supplies for our partners.”

 

 

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Europe pipeline news