BAKU, Azerbaijan, January 30. Energy security of the European continent will be ensured in a more complete and comprehensive manner, President of Azerbaijan Ilham Aliyev said, making a press statement following the meeting with Prime Minister of Hungary Viktor Orban and signing bilateral documents, Trend reports.
"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.