Azerbaijan, Germany Deepen Energy Ties With Landmark Gas Deal

2025-06-11 06:07:06

(MENAFN- AzerNews)

Azerbaijan and Germany have taken a significant step in energy cooperation with the signing of a long-term natural gas supply agreement between SOCAR (State Oil Company of the Republic of Azerbaijan) and Germany's state-owned energy firm SEFE (Securing Energy for Europe) during the Baku Energy Week. The 10-year contract envisions annual gas deliveries to Europe gradually increasing to 15 TWh-approximately 1.5 billion cubic meters.

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