Baku and Istanbul announced a major gas contract

Azerbaijan and Turkey signed a new agreement for the supply of 33 billion cubic meters of natural gas.

As "Caucasian Knot" reported, on July 28, 2025, the Chairman of the Board of the Ukrainian company Naftogaz, Serhiy Koretsky, announced the conclusion of the first agreement with SOCAR Energy Ukraine (a subsidiary of the Azerbaijani State Oil Company SOCAR) for the purchase of gas. The agreement provides for a test supply of a small volume of gas.

Gas supplies from the Absheron field in the Caspian Sea will continue for 15 years, at a rate of 2.25 billion cubic meters per year. "Two days ago, we signed a new agreement with Azerbaijan for the supply of 33 billion cubic meters of natural gas. This agreement will enter into force in 2029 and will remain in effect until the 2040s. "Using the existing infrastructure, we will supply this gas to our country via the Baku-Tbilisi-Erzurum pipeline," Trend news agency quoted Turkish Energy and Natural Resources Minister Alparslan Bayraktar as saying on January 5.

14:31 10.12.2025

Human rights activists have seen the EU retreat from democratic values in its relations with Baku

Brussels' policy toward Baku is based not on democratic values, but on practical interests, according to participants in the "End Repression in Azerbaijan" human rights campaign. They call on the EU to link energy cooperation to the release of political prisoners and respect for human rights in Azerbaijan.

The Absheron field is located in the Caspian Sea, approximately 100 km southeast of Baku and 25 km northeast of the Shah Deniz field. Condensate and gas production has been underway since July 2023 as part of an early production project using a single deep offshore well operated by JOCAP, First News Media reports.

Georgia Counts on Gas Supplies from Azerbaijan

Earlier, on December 2, 2025, Georgian Prime Minister Irakli Kobakhidze announced negotiations to extend the contract for gas supplies from Azerbaijan to Georgia, which expires in 2026. The existing agreement with Azerbaijan provides for additional gas supplies to Georgia in the amount of 0.5 billion cubic meters per year, according to the Georgian publication BMG.

In exchange for the transit of Azerbaijani gas to Turkey and Europe, Georgia receives gas under two contracts. The main one is "optional" gas. Its volume is calculated annually based on the volume of gas transported from Azerbaijan to Turkey. The amount of additional gas is fixed: regardless of the volume of gas transported through the pipeline, Georgia receives 500 million cubic meters of gas annually.

Georgia consumes 3.1 billion cubic meters of natural gas per year. In 2024, Georgia received 2.3 billion cubic meters of natural gas from Azerbaijan, while gas supplies from Russia increased to 788 million cubic meters in 2024.