(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 19 . The European Union
aims to intensify cooperation with Azerbaijan, especially on the
Southern Gas Corridor, Trend reports with reference to the REPowerEU Plan
presented by the European Commission.
In response to the hardships and global energy market disruption
caused by the war in Ukraine, the European Commission presented the
REPowerEU Plan, which is for saving energy, producing clean energy
and diversifying energy supplies.
It is backed by financial and legal measures to build the new
energy infrastructure and system that Europe needs.
“We want to build long-term partnerships that are mutually
beneficial – boosting renewable energy and increasing energy
efficiency around the globe and cooperating on green technology and
innovation. The new EU Energy Platform will play a key role in
pooling demand, coordinating infrastructure use, negotiating with
the international partners and preparing for joint gas and hydrogen
purchases,” said the Commission.
The supply of Azerbaijani gas to Europe through the Southern Gas
Corridor began on December 31, 2020. Azerbaijan exported its
natural gas to the European market through pipelines for the first
time in history.
Azerbaijan has diversified its export opportunities with direct
access to the European market, which is the world's largest
importer of natural gas.
The Trans Adriatic pipeline (TAP) which is the European part of
the Southern Gas Corridor, will annually supply eight billion cubic
meters of gas to Italy and one billion cubic meters of gas to
Greece and Bulgaria.
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- Southern Gas Corridor
- European Commission
- natural gas
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