Trans Adriatic Pipeline and NabuccoWest may Become a Continuation of TANAP
Developing cooperation between Azerbaijan and Poland in the gas sector has become one of the topics of discussion during a meeting of foreign ministers of both countries, Elmar Mammadyarov and Radoslaw Sikorski, in Baku on Wednesday, during a press conference. According to Sikorski, Poland is looking for alternative supply routes and to diversify sources of supply for the purchase of gas from Russia
The countries of the Visegrad Group, currently chaired by Poland, and include Bulgaria and Romania can become a consumer of Azerbaijani gas, he said.
Mammadyarov, asking the question on agreements signed between Azerbaijan and Turkey on the construction of the Transanatoliy pipeline (TANAP), a pipeline will be launched in 2018, and deliver gas to the borders of the EU.
Possible options for Azerbaijani gas pumped through the Transandriatic pipeline, could be destinations to Italy, and NabuccoWest, delivering gas to Austria, Mamedyarov said.
Currently, the interested oil and gas companies are discussing the choice of one of these routes. Mammadyarov said that the discovery of new gas fields in Azerbaijan allows to increase gas exports to Europe. –06С--
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- Politics
- 18 July 2012 16:20
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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