EU, Azerbaijan Mull Prospects For Increasing Gas Export Volumes From Caspian Sea
Date
5/14/2022 4:07:11 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 14. Senior European
Commission officials and Azerbaijan government representatives met
May 13 to discuss energy issues in line with the EU-Azerbaijan
Energy Memorandum of Understanding (MoU), Trend reports with
reference to the European Commission.
Reportedly, the meeting aimed to continue and reinforce
cooperation in the energy sector with a view to underpinning the
respective energy transitions while strengthening energy
security.
“Following EU Energy Commissioner Kadri Simson's participation
in the Ministerial Meeting of the Southern Gas Corridor Advisory
Council and the bilateral meetings between Commissioner Simson and
the Azerbaijani authorities on 4 February 2022, a follow-up Energy
MoU meeting took place today, co-chaired by Cristina Lobillo
Borrero, Director for Energy Policy, Strategy and Coordination at
the European Commission's Directorate-General for Energy, and Elnur
Soltanov, Deputy Minister of Energy of the Republic of
Azerbaijan.
In a context of heightened global energy challenges, stable
bilateral energy relations and cooperation between the EU and
Azerbaijan are a key factor contributing to competitive,
diversified and secure gas supplies. The EU stressed the importance
of secure gas supplies in line with REPowerEU priorities and
presented its key energy efficiency measures and its hydrogen
strategy for a climate-neutral Europe,” reads a message from the
European Commission.
A dedicated meeting took place to discuss ongoing gas
cooperation and prospects for increasing export volumes of
Azerbaijani gas to the EU in line with production capacity and
expansion scenarios for the Southern Gas Corridor. The EU stressed
its strong interest and support for increased piped gas supply from
the Caspian region as a key contribution to the diversification of
energy sources in line with REPowerEU priorities.
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Tags:
- EU
- Azerbaijan
- Southern Gas Corridor
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