(MENAFN- Trend News Agency) BAKU, Azerbaijan, January 30. The recently
discovered tremendous green energy potential has also enhanced the
importance of Azerbaijan, President of Azerbaijan Ilham Aliyev
said, making a press statement with Prime Minister of Hungary
Viktor Orban, trend reports.
'Of course, energy security issues are of particular importance
in the present-day world, and I think they are currently at the top
of the global agenda. Azerbaijan's ample oil and gas resources
allow it the opportunity to be a reliable partner for Europe for
many years to come – at least for a hundred years from now in terms
of natural gas. This is exactly what the leadership of the European
Commission calls Azerbaijan – a reliable partner.
The recently discovered tremendous green energy potential has
also enhanced the importance of Azerbaijan. Of course, projects
related to green energy and the already implemented ones will bring
us closer to Europe. As my dear friend has mentioned, according to
the agreement signed last month, Azerbaijan will deliver its green
energy to Europe, and these issues were discussed again today. The
countries involved in this project – Azerbaijan, Georgia, Hungary
and Romania – will gather for the first steering committee meeting
in Baku in a few days and start working on the concept of future
activities.
This is a project that requires a lot of investment. The
generation of green energy, its transmission and delivery to the
market, and also the laying of a cable under the Black Sea – all
these projects require major financial resources. At the same time,
they require very strict coordination. Therefore, we will take the
first step at the meeting to be held in Baku on February 3. So the
energy security of the European continent will be ensured in a more
complete and comprehensive manner,' President Ilham Aliyev
said.
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