The Southern Gas Corridor will contribute to regional energy security for the US allies in Europe and beyond, the US congressman Michael Turner wrote in his article in The Washington Times.
“The Southern Gas Corridor will contribute to regional energy security for our allies in Europe and Eurasia, and help to strengthen our strategic partnership,” he said.
The article said that many of the US allies are reliant upon natural gas supplies from a single nation or unstable regions. “Ensuring our allies have access to an alternative and reliable source of energy will help improve geopolitical stability in the region.”
The author said Azerbaijan continues to be an important partner with the United States in counter-terrorism efforts and initiatives to bolster energy security with strategic allies of the US.
“With its vast resources of oil and gas, Azerbaijan is a key component to help our strategic allies in NATO and other European countries diversify their energy resources,” Turner noted.
The Southern Gas Corridor will allow Europe to diversify its hydrocarbon supply sources and strengthen energy security and also will allow Azerbaijan to obtain a new market in Europe. Namely, the Azerbaijani gas is designed to open the Southern Gas Corridor.-0--
Economics
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G20 leaders, in their final declaration at the Rio de Janeiro summit on November 19, have issued a clear directive to their negotiators at COP29 in Baku: do not leave without agreeing on an ambitious "New Collective Quantified Goal" (NCQG) for climate financing, UNFCCC Executive Secretary Simon Stiell announced Tuesday.
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A panel discussion under the theme "Heritage Development for a Sustainable Future: Agriculture, Culture, and Adaptation to Climate Change" was held as part of the 29th session of the UN Framework Convention on Climate Change (COP29). The event, organized at the ICESCO Blue Zone pavilion, focused on integrating agricultural heritage with modern practices to address climate change, biodiversity preservation, and sustainable development.
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In an effort to tackle waste and promote environmental awareness, Azerbaijan’s Ministry of Ecology and Natural Resources is revisiting a familiar Soviet-era practice: recycling glass and household waste. This time, however, the reward is not spare change but a greener future—quite literally.
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On November 18, during discussions in the Milli Majlis about the budget package for the upcoming year, the Central Bank of Azerbaijan (CBA) Governor Taleh Kazimov stated that the manat's exchange rate would remain stable in the coming years.
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