SEFE partners with Azerbaijan’s SOCAR to import up to 15 TWh of natural gas per year
10.06.2025
10-year offtake contract for natural gas
Up to 15 TWh or 1.5 bcm per year
Partnership contributes to increasing Europe’s security of supply
[Berlin, Germany] – SEFE Securing Energy for Europe and SOCAR, the State Oil Company of Azerbaijan Republic, announced today that they have signed a natural gas purchase contract for the next 10 years. Deliveries from SOCAR to SEFE under this contract will start in 2025.
The annual quantity will gradually increase to 15 terawatt hours (TWh), which is approximately 1.5 billion cubic meters (bcm). This partnership will support investments in production and infrastructure such as gas compressors, increasing the amount of pipeline gas coming to Europe and thus ensuring the continent’s security of supply.
Dr Egbert Laege, SEFE CEO, said: “This long-term contract is a testament to the strong relationship between Germany and Azerbaijan. With this partnership, we are establishing a new route for significant gas volumes to reach Europe, thereby diversifying our portfolio and increasing the security of supply of our customers.”
Rovshan Najaf, SOCAR President, said: “This agreement marks another significant milestone in SOCAR’s ongoing commitment to enhancing Europe’s energy security. By supplying reliable and substantial natural gas volumes to SEFE, we are strengthening the partnership between Azerbaijan and Germany, contributing positively to Europe’s energy diversification goals and sustainable growth. SOCAR remains dedicated to investing in infrastructure and production capacities, ensuring secure and uninterrupted energy supplies for our partners.”
About SEFE
SEFE is an international energy company anchored in Europe, delivering energy solutions that ensure reliable and affordable supply. Our activities span the entire energy value chain – from origination and trading to sales, transport and storage. With decades of trading expertise and a growing LNG portfolio, SEFE is one of Europe’s leading suppliers to industrial customers, providing more than 200 TWh of gas and power each year. We supply over 50,000 clients, from small businesses to municipalities and multinational organisations. By investing in clean energies, we support our customers on their decarbonisation journey and contribute to the energy transition. SEFE employs over 2,000 people worldwide and is owned by the Federal Government of Germany.