01.Oct .2022 19:13

Azerbaijan has now become reliable gas supplier to Europe - President Ilham Aliyev

Azerbaijan has now become reliable gas supplier to Europe - President Ilham Aliyev
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Azerbaijan is, for many years, a reliable oil supplier to international, primarily European markets, and now became a reliable gas supplier, President of the Republic of Azerbaijan Ilham Aliyev said addressing the ceremony to inaugurate the Greece-Bulgaria Gas Interconnector (IGB) in Sofia, Bulgaria, Trend reports.

"For almost two years, Azerbaijani gas is on the European market and now in Bulgaria. The Southern Gas Corridor is one of the biggest infrastructure projects in the continent, which changed the energy map of Europe. Azerbaijan is proud to be the initiator of the Southern Gas Corridor. The Southern Gas Corridor transports gas to consumers by a new route, but also from a new source. So far, the only source is the Shah Daniz gas field situated in the Azerbaijani sector of the Caspian Sea, but several other new gas fields of Azerbaijan will start production soon and will contribute to increasing the volumes of our supply.

Azerbaijan is, for many years, a reliable oil supplier to international, primarily European markets, and now became a reliable gas supplier. Also, I would like to comment on what Madam President said about renewables. This is also part of our strategic partnership Memorandum of Understanding on energy which was signed this July between the European Commission and Azerbaijan.

So, soon I am sure Azerbaijan will become a reliable electricity supplier to Europe and the proven reserves of our wind potential only in the Caspian Sea is 157 gigawatt and now we are already discussing with our European partners how to bring this energy to the European continent," the head of state said, Trend reports.