![Elmar Mammadyarov: Nabucco intrigue to be solved in 2013](https://turan.az/resized/media/2012/main/121900021977-750-500-resize.webp)
Elmar Mammadyarov: Nabucco intrigue to be solved in 2013
Nabucco is another intrigue, which will be solved next year, because we have two more options of transportation of gas from Azerbaijan to Europe, Azerbaijani Foreign Minister Elmar Mammadyarov said in his interview to EU Reporter.
"Nabucco West to the Austrian Baumgarten and TAP pipeline up to Italy are another options," he said. Minister added that the decision will be made by the companies-members of the consortium next year. The volume of gas, which will be transported from the Azerbaijani sector of the Caspian Sea will be much smaller, than the volume of gas delivered through the South Stream, Mammadyarov said.
Azerbaijani Foreign Minister said energy is the key element of cooperation between EU and Azerbaijan. "Jose Manuel Barrozu, President of European Commission, has visited Baku. Azerbaijani President Ilham Aliyev and President Barrozu have signed a very important document on strategic partnership between EU and Azerbaijan aimed at support of the South Corridor project and energy cooperation," Minister said. He added that not only energy projects, but development of the entire region and a strategic partnership between Azerbaijan and EU could be important not only for Azerbaijan and EU, but also for its members.
"The talks with the European Commission continue and after signing of the TANAP agreement (trans-Anadolu gas pipeline), we believe that by 2018 natural gas from the Caspian Sea till reach the European borders, including Bulgaria," Azerbaijani Foreign Minister said. He added that he does not like politicization of energy projects, but "energy is a part of politics."-0-
-
- Macroeconomic indexes
- 19 December 2012 12:17
-
- Want to say
- 19 December 2012 12:30
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review