Azerbaijan Spotlights Strategic Value Of Southern Gas Corridor For Europe

(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 4.​ We must optimize our priorities, policies, and investments amid the current reality of the global energy market, Azerbaijan's Energy Minister Parviz Shahbazov said at the 11th Southern Gas Corridor Advisory Council Ministerial Meeting and the 3rd Green Energy Advisory Council Ministerial Meeting, Trend reports.

According to him, despite geopolitical tensions and market volatility, natural gas remains the cornerstone of energy security, a strategic asset, and will remain a central component of energy for a long time to come.

"This requires investments in gas fields and infrastructure. We must make quick decisions, taking into account the urgent reality. Otherwise, the provision of the necessary supply volumes will generally fail. There is another truth: there is no alternative to diversifying to ensure sustainable energy security. Therefore, obtaining energy volumes from various sources and routes is not only a fundamental guarantee of energy security and independence, but also important for Europe.

This issue must remain a constant priority and be considered at the most important moments. As for the importance of Azerbaijani gas, the Southern Gas Corridor is a strategic asset for Europe and is an integral part of our plans. In recent years, Azerbaijan has not only maintained its position as a reliable partner, but also significantly expanded its geography," the minister added.

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