In 2023, the countries of the European Union (EU) imported 20.3 million tons of oil from Azerbaijan, the maximum volume over the past four years. At the same time, the volume of oil supplies from Azerbaijan increased by 2.6% last year.
In 2023, Azerbaijan exported 9.5 billion cubic meters of gas to Turkiye in 2023, supplies will increase, Azerbaijani President Ilham Aliyev said.
"According to the agreements reached, it is planned to increase the volume of supplies, including to European countries, which is energy security for them," Aliyev said on February 19 at a joint press conference with Turkish President Recep Tayyip Erdogan in Ankara.
Energy Minister Parviz Shahbazov took part in discussions organized by the Atlantic Council, one of the influential analytical centers operating in the US capital.
During the discussions held in the format of a business lunch, moderated by Landon Derenz, CEO of the Global Energy Center of the Atlantic Council, the energy resources of Azerbaijan, located in an important geopolitical region, were noted, Turan reports with reference to the website of the Ministry of Energy of the Republic of Azerbaijan.
The Ministry of Energy of Azerbaijan expects to integrate 8 wind and solar power plants into the country's national energy system by 2027 through financial support from international financial institutions, head of the department Parviz Shahbazov said.