Top 5 This Week

Related Posts

Croatian PPD remains open to exploring further opportunities with SOCAR

BAKU, Azerbaijan, January 17. Croatian Prvo
Plinarsko Društvo (PPD) remains open to exploring further
opportunities with Azerbaijan’s state oil company SOCAR, a source
in PPD told Trend.

PPD is the largest Croatian importer of natural gas, supplying
customers in Croatia. It also facilitates Azerbaijani gas supplies
to Croatia starting from September last year.

“While we cannot disclose the specific volumes defined in the
contract with SOCAR or delivered to date, we can confirm that this
partnership has significantly strengthened our supply portfolio,
particularly for the ongoing heating season,” said the source.

The source pointed out that this collaboration aligns with the
company’s long-term strategy to diversify natural gas sources and
ensure energy security for its customers in Croatia.

“In this context, PPD remains open to exploring further
opportunities with SOCAR and other reliable partners to enhance the
diversity and reliability of our energy supply. However, the
volumes and future duration of this collaboration will depend on
market conditions and the needs of our current and future
customers,” noted the source.




SOCAR began supplying natural gas to Croatia on September 1,
2024. The supply is facilitated by PPD and MET Group.

Azerbaijan delivers natural gas to Europe through the Southern
Gas Corridor. The current capacity of the Trans Adriatic Pipeline
(TAP), the European leg of this corridor, is 10 billion cubic
meters per year, with the potential for expansion to 20 billion
cubic meters.

Follow the author on X: @Lyaman_Zeyn



LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles