![Prezident İlham Əliyev.](https://turan.az/resized/media/2022/main/060100046142-750-500-resize.webp)
Prezident İlham Əliyev.
Azerbaijan is ready to expand gas supplies to Europe - Ilham Aliyev
Baku/01.06.22/Turan: The demand for Azerbaijani gas in Europe is growing and Baku is ready to expand the Southern Gas Corridor (SGC) and increase hydrocarbon supplies. However, this will require active cooperation with international partners, Azerbaijani President Ilham Aliyev said at the opening of the Baku Energy Week on Wednesday.
Aliyev stressed that "potential consumers should understand that it is impossible to sharply enhance production within a year.
"We need contracts, we need to accelerate negotiations, we need to work with energy companies to increase production and expand the existing infrastructure," Aliyev continued.
The SGC is an integrated gas transportation system and the capacity of its last segment, the Trans Adriatic Pipeline, is 10 billion cubic meters of gas per year. "Now we are thinking about increasing the capacity, since there is demand. But this will require time, considerable financial expenses and close coordination, active dialogue with all the countries involved. We are ready for this. The Minister of Energy and SOCAR have already received instructions and we are in the process of active negotiations," the head of the state stated.
* The Baku Energy Week is taking place in the capital of Azerbaijan from June 1-4. It combines the 27th International Exhibition "Caspian Oil & Gas", 10th Anniversary Caspian International Exhibition "Energy and Alternative Energy" and "Baku Energy Forum".
This year, 249 companies from 30 countries, including Azerbaijan, the USA, Germany, Belarus, UAE, UK, China, France, Georgia, India, the Netherlands, Israel, Spain, Switzerland, Indonesia, Italy, Kazakhstan, Russia, Turkey, Saudi Arabia and Japan take part in the exhibition and forum. -06D-
-
- Finance
- 1 June 2022 13:49
Politics
-
At the trial of the opposition politician Tofig Yagublu, the statement of Elnur Vaqifoglu, another accused, was heard at the Baku Serious Crimes Court.
-
EU Reporter sadly announces the death from natural causes this week of its Political Editor Nick Powell, whilst attending the Global Media Forum in Susha, Azerbaijan.
-
The health of economist Fazil Gasimov, who is on hunger strike for the 43rd day, has deteriorated sharply. On the night of July 26, he was transferred from the Baku pre-trial detention center-1 to a medical institution of the Penitentiary Service, the economist's brother Nazim Gasimov told Turan.
-
On July 26, the trial of public activist Bakhtiyar Hajiyev continued in the Baku Serious Crimes Court. Three witnesses were heard. One of them said that she had once asked Hajiyev for help in obtaining a visa for a tour to the Czech Republic and had no other business with him. At the same time, the witness stressed that she did not personally transfer the money, but made a transfer for the service.
Leave a review