Baku, Azerbaijan, May 2. In a recent address
at the Istanbul Natural Resources Summit’s ministerial session on
“Shifting Dynamics in Securing Supply: Challenges and
Opportunities”, Azerbaijan’s Energy Minister Parviz Shahbazov
underscored the nation’s commitment to developing all forms of
energy as a strategic priority, Trend reports.
The minister highlighted Azerbaijan’s pivotal role as a supplier
of oil and natural gas amid current global realities. He noted the
growing significance of joint projects with Türkiye, including
plans to deliver approximately ten billion cubic meters of gas to
the country this year. Türkiye, he emphasized, holds critical
importance not only as a consumer but also as a key transit nation
through which Azerbaijani energy resources are transported to
European markets.
Addressing global energy challenges, the minister pointed out
that political and ideological biases against hydrocarbons could
hinder necessary investments in the gas sector and the development
of infrastructure essential for energy delivery.
“Rather than viewing energy sources through a political or
ideological lens, it is essential to focus on developing pragmatic
energy strategies. With the global population and energy demand on
the rise, we will not have the luxury of wasting energy in the
future. That is why we have prioritized the development of all
existing forms of energy. We have already initiated several
regional projects that, if realized, will contribute positively to
both energy security and environmental sustainability,” he
said.
Concluding his remarks, the minister emphasized the necessity
for long-term contractual mechanisms to support gas supply plans,
particularly in light of Europe’s growing demand for energy
resources. Without such guarantees, large-scale investments in gas
production carry significant risks, particularly in the absence of
assurances regarding delivery and market access.
Regarding the development of green energy interconnectors, the
minister noted that Azerbaijan is actively cooperating with
Türkiye, Georgia, Romania, Bulgaria, and countries in Central Asia.
“These projects will not only link regions but also strengthen
energy and climate security. They represent the energy
infrastructure of the future,” he added.
The discussions were moderated by the Turkish Minister of Energy
and Natural Resources, Alparslan Bayraktar, and were attended by
ministers from Iraq, Egypt, Libya, Bulgaria, Romania, and
Moldova.
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