Azerbaijan, EU eye energy cooperation

by Ayya Lmahamad

Within the scope of Antalya Diplomacy Forum, Azerbaijani Minister of Energy Parviz Shahbazov and EU Commissioner for Neighborhood and Enlargement Oliver Vargelyi discussed the bilateral energy dialogue.

The parties stressed the importance of intensive contacts regarding the Energy Dialogue’s instructions to expand the Southern Gas Corridor to new energy markets.

They shared information on cooperation on decarbonization, energy transition and renewable energy, energy efficiency, electricity export, hydrogen and energy storage technologies.

The parties also agreed to continue talks with the European Commission and Western Balkan countries to resolve issues arising from potential gas supplies to the Western Balkans as part of the Southern Gas Corridor expansion.

The Southern Gas Corridor is the European Commission’s initiative to build a natural gas supply route to Europe from the Caspian and Middle East regions.

The South Caucasus Pipeline, the Trans-Anatolian Pipeline (TANAP) and the Trans-Adriatic Pipeline connect Azerbaijan to Europe (TAP). The pipeline runs on natural gas from Azerbaijan’s Shah Deniz gas field in the second phase of the Caspian Sea.

With the completion of TAP construction on 31 December 2020, Azerbaijan started commercial gas supply to Europe via this route.

In the first year of operation of the pipeline, Azerbaijan supplied 8.1 billion cubic meters of gas to European markets, instead of the planned 5 billion cubic meters. Azerbaijan plans to supply 9 billion cubic meters of natural gas to Europe through the Southern Gas Corridor by 2022.

Ayya ​​Lmahamad is staff journalist for AzerNews, follow her on Twitter: @AyyaLmahamad

Follow us on Twitter @AzerNewsAz


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