Azerbaijan and Iran resume two-way natural gas trade

Azerbaijan and Iran resume two-way natural gas trade
Photo: Azernews

According to the State Statistical Committee, Azerbaijan exported 175.237 million cubic metres of natural gas worth $11.793 million to Iran during January–August 2026. Over the same period it imported a larger volume from its southern neighbour: 215.022 million cubic metres, valued at $14.471 million.

Azerbaijan therefore imported about 39.8 million cubic metres more gas from Iran than it exported. No gas trade between the two countries was recorded in the same period of 2025.

Overall, Azerbaijan exported 16.378 billion cubic metres of gas to eight countries in the first eight months of 2026, earning $5.711 billion, with export revenue down $286.011 million (4.8%) year on year. Iran was its sole gas supplier, and imports fell 7.8% in volume and about 60.2% in value from the same period of 2025, when Azerbaijan bought 233.303 million cubic metres from Russia and Turkmenistan.

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This story was automatically summarised and translated from Azernews. All rights to the story belong to its source.

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