Fitch Ratings international agency has announced its outlook on gas demand of the European Union countries (EU) for gas, APA-Economics reports.
Natural gas demand in EU countries in 2022 is forecasted in the amount of 357 billion cubic meters (10% less as compared to 2021), while on 2023 339 billion cubic meters (5% less as compared to this year).
According to Fitch Ratings outlook, EU countries' demand for Azerbaijani gas will be 12 billion c/m this year and in 2023. In other words, Azerbaijani gas has ranked fourth place for export volume after LNG, Norway, and African countries.