(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 3. Minister of
Energy of the Republic of Azerbaijan Parviz Shahbazov and European
Commissioner for energy Kadri Simson has released a press statement
following the results of the 9th Southern gas Corridor Advisory
Council Ministerial Meeting and the 1st Green Energy Advisory
Council Ministerial Meeting, the Azerbaijani Ministry of Energy
told trend .
'The Azerbaijan-EU strategic energy partnership was reaffirmed
at the 9th Southern Gas Corridor Advisory Council Ministerial
Meeting and the 1st Green Energy Advisory Council Ministerial
Meeting held on February 3 in Baku. The partnership serves common
goals, such as long-term energy security, sustainability,
diversification of supplies, and enhanced cooperation on the green
energy transition program,' the statement said.
According to the ministry, the co-chairs of the meeting highly
commended the full-scale operation of the Southern Gas Corridor, as
well as Azerbaijan's contribution to the reliable, competitive, and
affordable energy supply to Europe.
'The successful commissioning of the Gas Interconnector
Greece-Bulgaria (IGB) is among the remarkable events that will
further support the diversification of supplies to Europe. The
co-chairs expressed support for the expansion of the Southern Gas
Corridor, thus noting that it will create a potential supply source
for new energy markets. The significance of taking the necessary
measures to reduce methane emissions in supply chains was also
emphasized,' the ministry outlined.
According to the statement, the Green Energy Advisory Council
Ministerial Meeting, which is being held for the first time,
provides an excellent opportunity for partner countries, financial
institutions, and companies, to have productive discussions on
enhancing cooperation on this agenda. This platform will promote
the establishment of international links on green energy and
Azerbaijan's transformation into a green energy supplier to
European markets.
'The 'Memorandum of Understanding between the Republic of
Azerbaijan and the European Union on a strategic energy
partnership, presented by the European Commission' of July 18,
2022, along with the expansion of existing cooperation, will create
new opportunities for energy transition, renewable energy, energy
efficiency, sustainable development of the renewable hydrogen
partnership. It's also worth noting the great importance of the
“Agreement among the Governments of Azerbaijan, Georgia, Hungary,
and Romania on green energy strategic partnership”, signed in
Bucharest on December 17, 2022,' the statement added.
The co-chairs stressed their determination to continue the
effective dialogue, which makes an utmost contribution to
strengthening energy security and joint action to combat climate
change.