Azerbaijan exports 9.7 bcm of gas to Europe [PHOTO]

by Ayya Lmahamad

Azerbaijan’s Energy Minister Parviz Shahbazov said that since the Trans-Adriatic pipeline (TAP) became operational, 9.7 billion cubic meters of gas have been exported to Europe.

He made statements in a panel discussion on “energy security in turmoil” at the Antalya Diplomacy Forum.

This year, our gas exports to Turkey are expected to increase by 8.2 billion cubic meters and to Europe by 9.1 billion cubic meters,” he said.

Southern Gas Corridor

The Minister stated that he sees the joint development of renewable energy and natural gas as strengthening the energy security of Azerbaijan, and that the Southern Gas Corridor is a successful project that provides gas to consumers uninterruptedly and at affordable prices.

Shahbazov added that the uniqueness of the corridor allows for diversification of supply sources and new consumption directions for the Southern Gas Corridor.

“Azerbaijan’s huge gas reserves, existing infrastructure and the interest of various countries in Azerbaijan’s gas have brought to the fore the expansion of the corridor. It is time to start working in this direction,” he said.

energy markets

The Minister also gave information about the current state of energy markets, the increasing role of natural gas in long-term energy supply and Azerbaijan’s energy policy based on the diversity of energy resources.

He noted that the balance between the three aspects of the energy triad, security, accessibility and sustainability, has been broken.

“The energy crisis of the energy transition on the one hand, and the ongoing political tensions on the other, have made energy markets strikingly unstable and volatile. While this problem was caused by the energy policies of market participants and unfair approaches to energy resources, political processes aggravated it.”

Sustainable energy solutions

Shahbazov stated that sustainable energy solutions will be one of the main challenges tomorrow as it is today, and natural gas will play an important role in the energy transition process.

He added that maintaining the balance between energy security and environmental security is a more rational approach, and that dependence on a single energy source causes instability in the energy market.

At the same time, the minister noted that the energy crisis that started last year has extended the distance to the carbon neutrality goal by increasing the use of energy types such as coal.

The energy minister briefed not only on Caspian Sea gas, but also on plans to export electricity using the vast potential of wind power.

He also saw the forum as one of Turkey’s initiatives aimed at establishing a dialogue on global issues.

He emphasized that Turkey is a reliable partner in energy security issues and that Azerbaijan carries out all energy security projects together with Turkey.

It should be noted that Turkey’s Deputy Minister of Energy and Natural Resources Alparslan Bayraktar and international expert Matthew Bryza attended the panel moderated by international energy expert Brenda Shaffer.

Antalya Diplomacy Forum encourages dialogue by bringing together heads of state and government, ministers, well-known state and political figures, influential politicians, scientists, businessmen and media representatives from many countries of the world.

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

Follow us on Twitter @AzerNewsAz


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