(MENAFN- AzerNews)
By Trend
President Ilham Aliyev laid great foundation for future
development of both conventional and renewable energy in
Azerbaijan, the former US ambassador to Azerbaijan, Matthew Bryza
told Trend .
“President Aliyev's speech at the opening of the Baku Energy
Week was absolutely excellent. There was a big strategic focus,
which first looked back into the past and all that Azerbaijan had
done with very strong support from the US, as well as partnership
with bp and the other international companies to develop oil and
gas resources and world-famous pipelines from Azerbaijan to
Georgia, Turkey and to Europe. Of course, these are the
Baku-Tbilisi-Ceyhan oil pipeline, the Baku-Supsa pipeline, which
for the first time gave Caspian oil producers a way to get their
oil to market that was free from any other pipeline system,” he
said.
Bryza pointed out that Azerbaijan's success has positioned it
now to help EU obtain additional volumes of gas.
“That will take a couple of years, as Azerbaijan attracts more
investment and develops additional fields like Umid-Babak and
Absheron, as well as deeper fields in Azeri-Chirag-Gunashli. There
is already a need to expand the pipelines that are delivering gas
to Georgia, Turkey and to Europe. Those pipelines are a new
capacity and there is a need to expand TAP, TANAP and the South
Caucasus Pipeline. President Aliyev also stressed how important
renewable energy is becoming for Azerbaijan. Azerbaijan is going to
become a great energy superpower with renewable energy. He talked
about the potential of just wind energy in the Caspian Sea in
Azerbaijan, which is 157 gigawatts. So, in the Caspian Sea alone
with investments over time there could be 157 gigawatts of
electricity and another 9,000-10,000 megawatts of solar and wind
energy in Karabakh,. So Karabakh is a great promise for renewable
power,” he concluded.
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