Implementation of the Southern Gas Corridor project is a priority for the EU. This was stated today to journalists by the head of the EU mission in Azerbaijan Malena Mard.
Thanks to this project, already in 2020 the first gas from the field Shah Deniz-2 will come to Italy.
However, she indicated that on May 17 the start of construction of the gas pipeline TAP (Trans-Anatolian gas pipeline) - part of the Southern Gas Corridor will be arranged in Thessaloniki, Greece.
Malena Mard also pointed out that Azerbaijan is the largest trading partner of the EU, which is interested in increasing mutual trade and investment. -16D-
Economics
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Azerbaijan’s Milli Majlis ratified the second amendment to the agreement on the joint development of the Azeri-Chirag-Gunashli (ACG) oil and gas block during its plenary session on Wednesday. The bill was submitted to parliament as a legislative initiative by President Ilham Aliyev.
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The 104th meeting of the Commonwealth of Independent States (CIS) Economic Council was held in the Russian capital, with representatives from member states discussing enhanced economic collaboration and key regional initiatives. Azerbaijan was represented by First Deputy Prime Minister Yagub Eyyubov.
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Azerbaijan’s Information and Communication Technologies Agency (IKTA) reported significant improvements in the quality of internet and telecommunications services in the first half of 2024, driven by a comprehensive assessment framework and enhanced regulatory measures.
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In 2024, Azerbaijan will double its gas supply to Bulgaria, which not only uses this gas for its own needs but also partially sends it to its Balkan Gas Hub and, by agreement with SOCAR, organizes the transit of various volumes to its neighbors.
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