Tuesday, 02 January 2024 12:17 GMT

Beyond Oil And Gas: Azerbaijan Repositions As Europe's Dual Energy Partner


(MENAFN- AzerNews)

In a time marked by the EU's decisive move to cut energy dependence on Russia, aiming to reduce gas imports from 155 billion cubic meters to 33 billion, diversification has become not just a policy but a necessity. In this context, Azerbaijan's contribution is increasingly strategic: more than 75% of its oil and over half of its gas exports were directed to Europe in 2024. This shift has been facilitated through key infrastructure such as the Southern Gas Corridor, Baku-Tbilisi-Ceyhan, and Baku-Tbilisi-Erzurum pipelines, which physically...

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