Bulgaria imported 44.6 million cubic meters of natural gas from Azerbaijan in March 2024, as compared to 44.5 mln cubic meters in March 2023, marking a 0.22% year-on-year increase, according to the European Union's statistical office.
"The total value of these imports decreased from 30.5 mln euros to 23.8 mln euros, reflecting a 28.2% decline. Bulgaria imported more than 920 mln cubic meters of gas from Azerbaijan in 2023 with total value of 311.5 mln euros," Eurostat reported.
Bulgaria commenced importing gas from Azerbaijan through the Greece-Bulgaria interconnector (IGB), which became operational on October 1, 2022.
The contractual volume of gas supplies through this interconnector is 1 billion cubic meters per year, while the total capacity of the IGB stands at 3 ln cubic meters, expandable to 5 bln cubic meters annually.
