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More interconnectors there are, broader gas export geography in European can be - President Ilham Aliyev

Politics Materials 14 March 2023 19:56 (UTC +04:00)
More interconnectors there are, broader gas export geography in European can be - President Ilham Aliyev

BAKU, Azerbaijan, March 14.The more interconnectors there are, the broader our gas export geography in Europe can be, President of Azerbaijan Ilham Aliyev said in a press conference with Chancellor of Germany Olaf Scholz in Berlin, Trend reports.

"According to the Memorandum of Understanding signed with the European Union last year, we plan to deliver 20 billion cubic meters of natural gas to Europe by 2027. I should also note that our gas exports are not limited to Europe. At the same time, we export gas to Türkiye and Georgia, which are the biggest markets for us. Therefore, new contracts must be signed to deliver gas exports to Europe in the future. Currently, Azerbaijani gas is delivered to Türkiye, Georgia, Bulgaria, Greece and Italy. It has also been delivered to Romania since this year. At the end of this year, we intend to supply first gas to Hungary. We have started negotiations with the Albanian government to establish a gas supply network in Albania and enable gas exports to Albania in the future. At the same time, the Czech Republic, Montenegro, Bosnia and Herzegovina, Croatia and other countries are among the countries that have placed orders with us. Of course, the emerging interconnectors in Europe also play a very important role. The more interconnectors there are, the broader our gas export geography in Europe can be. Of course, long-term contracts should be signed. Because we know very well that there is a tendency to go green in Europe, and we are interested in long-term contracts. I do hope that we can reconcile these issues. At the same time, if we take into account the investment in renewable energy in Azerbaijan, the natural gas currently used for the production of electricity can be exported to Europe, so our future exports could be larger than we envisioned," President Ilham Aliyev said.

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