Europe becomes Azerbaijan’s largest natural gas market

Azerbaijan exported 18.4 billion cubic meters of natural gas from January to September 2026, according to operational data released by the country’s Ministry of Energy on Thursday. Europe accounted for the largest share of exports.

Azerbaijan sent 8.6 billion cubic meters of gas to Europe. Turkey received 7 billion cubic meters, including 4.2 billion cubic meters transported via TANAP. Exports to Georgia amounted to 1.6 billion cubic meters, while Syria received 1.2 billion cubic meters.

Azerbaijan produced 37.9 billion cubic meters of gas during the reporting period, meaning roughly half of its output was sent to foreign markets.

Shah Deniz leads gas production

The Shah Deniz field produced the most gas, at 20.6 billion cubic meters. Production at the Azeri-Chirag-Gunashli (ACG) field amounted to 10.8 billion cubic meters, SOCAR produced 5.3 billion cubic meters, and the Absheron field produced 1.2 billion cubic meters.

Oil and condensate production reaches 547,000 barrels per day

Azerbaijan produced 19.9 million tonnes of oil, including condensate, from January to September. ACG accounted for 11.8 million tonnes, Shah Deniz for 2.6 million tonnes and the Absheron field for 0.4 million tonnes. SOCAR produced 5.1 million tonnes.

Average daily crude oil production stood at 61,000 tonnes, or 446,000 barrels. Condensate production was 12,000 tonnes, or 101,000 barrels per day. Combined daily oil and condensate output amounted to 73,000 tonnes, or 547,000 barrels.

A total of 15.5 million tonnes of oil and condensate was exported. ACG shipped 14.2 million tonnes, SOCAR 0.8 million tonnes and Absheron 0.5 million tonnes. Processing facilities also refined an additional 4.5 million tonnes of products.

Since the ACG and Shah Deniz fields began operating, they have produced a combined approximately 684.5 million tonnes of oil and condensate and 540 billion cubic meters of gas as of Oct. 1.

ACG has produced 629.5 million tonnes of oil and 254.7 billion cubic meters of gas. Shah Deniz has produced approximately 55 million tonnes of condensate and 285.3 billion cubic meters of gas.

Over the same period, a total of 682.5 million tonnes of oil and 206.4 billion cubic meters of gas was exported.