Azerbaijani Gas Can Reach More Countries Through Serbia - Ministry (Exclusive)
Date
3/15/2024 1:06:35 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 15. Through Serbia,
Azerbaijani gas can now reach other countries in the region and the
EU, a source at the Ministry of mining and energy of the Republic
of Serbia told Trend .
"Serbia became more actively involved in the Southern Gas
Corridor project at a later stage, but we worked expediently to
become part of this large value chain that helps participating
countries improve their energy security and conditions for economic
growth. Until recently, Serbia had only one source and two
directions of Natural gas supply. Following the completion of
construction and commissioning of the Serbia-Bulgaria
Interconnector in December 2023, we gained the opportunity to
connect to the Southern Gas Corridor via the Bulgaria-Greece
interconnection. By connecting to the Southern Gas Corridor, the
Republic of Serbia diversifies its supply routes and connects to
gas sources from the Caspian region and the Middle East, as well as
to the LNG terminal in the Greek port of Alexandroupolis," said the
source.
The source went on to add that Serbia and Azerbaijan are
traditionally friendly countries and strategic partners in many
areas.
"We recognize Azerbaijan as one of the main partners on the path
of diversification of gas supply sources. At the end of the
construction of the Serbia-Bulgaria Interconnector, in Baku we
agreed on deliveries of up to 400 million cubic meters of gas per
year from Azerbaijan until 2026, a volume that could triple
thereafter. Additionally, we leased 300 million cubic meters of gas
per year at the LNG terminal in Greece.
Azerbaijani gas has already been recognized as part of the
solution for diversifying gas supply sources in Europe. Owing to
new gas interconnections, it is now contributing to the greater
energy security of the Republic of Serbia and the region.
The construction of gas interconnections and improved
connectivity with neighbouring countries not only enhances Serbia's
energy security but also positions it as a transit country. Through
Serbia, Azerbaijani gas can now reach other countries in the region
and the EU," added the source.
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