Azerbaijan Intensifies Its European Engagement at the EPC Summit
6 Articles
6 Articles
Azerbaijan intensifies its European engagement at the EPC Summit
Azerbaijan added additional thrust to its engagement with Europe announcing more energy to the EU, a strategic partnership with the UK, additional agreements with Ukraine, a dozen bilateral meetings with European leaders and a new meeting with Armenia to advance the historic peace process.
Azerbaijan plans to increase gas supplies to Europe by developing new gas fields, the country's President Ilham Aliyev said. Gas prices in Europe have risen sharply this year after supplies from the Persian Gulf region were cut by the Iran war.
Azerbaijan plans to increase the supply of gas to Europe through the discovery of new deposits, the President of the country, Ilham Aliev, said.
Azerbaijan increased its gas supplies to the EU from 8 billion to 13 billion cubic metres; Aliyev calls for European investments to extend the Southern Gas Corridor
Azerbaijan is strategically located between Asia and Europe, and possesses oil and natural gas reserves that allow it to develop relations with its neighbors and other energy-dependent countries. Therefore, Baku has often preferred to cooperate with two countries simultaneously on projects that serve the interests of all three. This approach was clearly demonstrated by the natural gas swap agreement reached between Azerbaijan, Iran, and Turkmeni…
Azerbaijan intends to increase the supply of natural gas to Europe through the development of new deposits; however, increasing exports will require the expansion of existing gas transport infrastructure, as the pipeline from Baku to Italy is already working at its limits, as President Ilham Aliev of Azerbaijan announced at the European Political Community Summit in Dublin.
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