COP29 Host Sees Gas Demand Soar Despite Phase-Out Plans
- Azerbaijan has agreed to double gas exports to Europe by 2027
- ‘Long list’ of nations asking for gas, deputy minister says
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Months after the world agreed to transition away from fossil fuels at UN-led climate talks, the demand for natural gas from the host of this year’s COP29 is growing in Europe and elsewhere.
Azerbaijan, which has the presidency of the 29th United Nations’ Conference of the Parties, exported almost 24 billion cubic meters of natural gas in 2023 with half of the volumes going to Europe, according to Energy Ministry data.