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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Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
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As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
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Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
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Azerbaijan's Tariff Council has approved tariffs for connecting construction sites to water supply and wastewater systems for the first time, addressing a previously unregulated sector with inconsistent charges, the council announced on January 2.
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