Azerbaijan likely to seal long-term gas contracts with EU consumers – minister

TheCyprus


Baku, Azerbaijan, April 4. The volume of gas
exported from Azerbaijan to Europe has doubled, reaching 14 billion
cubic meters, the country’s Energy Minister Parviz Shahbazov said
at the 11th Southern Gas Corridor Advisory Council Ministerial
Meeting and the 3rd Green Energy Advisory Council Ministerial
Meeting, Trend
reports.

According to him, Azerbaijan’s production projects should be
rapidly developed, the pipeline’s transportation capacity should be
increased, and a centralized compressor station should be
built.

“Long-term gas contracts can be signed between Azerbaijani and
European consumers. This will be the most important guarantee for
the European Union. The expansion of the corridor will
unequivocally increase Europe’s energy power, so with such
coordinated and strong cooperation – Azerbaijan, the European
Union, energy companies, regional participants, and financial
resources – we will already raise the Southern Gas Corridor to a
new level. We must work for this,” the minister added.




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