Azerbaijan is ready, if necessary, to increase gas exports to European countries, President of Azerbaijan Ilham Aliyev told Il Sole 24 Ore, TASS reported.

“There is the possibility of increasing production and exports, but this will depend on the demand of European consumers,” he said.

Aliyev recalled that this year Azerbaijan has already exported over 7 billion cubic meters to the European Union. cubic meters of gas, in 2022 it plans to supply 9 billion cubic meters, and in 2023 - 11 billion cubic meters.

According to him, investments are needed to increase production.