Parliament Committee: Azerbaijan fully ensures its own and regional energy security

Parliament Committee: Azerbaijan fully ensures its own and regional energy security

BAKU, Azerbaijan, Aug.24

Trend:

Azerbaijan fully ensures its own and regional energy security, Chairman of the Parliamentary Committee on Science and Education Bakhtiyar Aliyev told Trend.

Aliyev stressed that after Azerbaijan gained independence, as a result of the aggression of Armenia and the foreign forces supporting it, the country's powerful economic potential, began to collapse.

"The [previous] leaders of Azerbaijan who ruled during the period from 1988 until the adoption of the Act of Independence in 1991, as well as from 1991 to July 1993, dragged the country into chaos and poverty, putting it on the brink of destruction,” the chairman said. “By showing political will, giving preference to the decisive demands of the people , Heydar Aliyev returned to political power and ensured the country's transition from anarchy to stability, and then to the stage of growth and development.”

According to him, the "Contract of the Century", signed in 1994, played the role of a guarantor of Azerbaijan's independence, social well-being, security and development.

“Namely on its basis the reconstruction of the energy infrastructure of Azerbaijan began. We remember well that in the 1990s, electricity was supplied in the country with frequent breaks. In some places, power outages lasted several days,” he reminded. “Owing to the far-sighted policy of the national leader Heydar Aliyev, the energy system of Azerbaijan was created with the aim of meeting the country's needs for electricity from local resources.”

“Since 2003, as a result of the successful and large-scale strategy of President Ilham Aliyev, energy security in Azerbaijan has been fully ensured and the country has turned from an energy importer into an exporter," he also said.

As Aliyev pointed out, currently Azerbaijan can export energy to neighboring countries - Russia, Iran and Georgia, as well as through Georgia to Turkey and from there to the European market.

“At present, the total generating capacity of the Azerbaijani energy system is about 7,000 megawatts. Half of them has been created over the past 17 years. In 2015, the decree of President Ilham Aliyev started to a new stage of reforms in the field of energy security began," he noted.

“With the establishment of Azerishig OJSC by the order of the President of the Republic of Azerbaijan dated February 10, 2015, the scope of these reforms covered the entire country,” he said. “Today, one of the main factors in ensuring the rapid development of our economy is the creation of a powerful energy infrastructure and its continuity of operation.” “Azerbaijan is a country with strong potential not only in the post-Soviet space, but also in Eastern Europe. Along with the uninterrupted supply of electricity to the population in Azerbaijan, the creation of new sectors of the economy, high-tech industrial enterprises and, as a result, reliable employment of the population is ensured,” Aliyev added.

“We believe that the reforms successfully carried out in Azerbaijan will fully strengthen our state, ensure sustainable and long-term economic development and a high standard of living," concluded the chairman.

Bulk of construction work completed in Uzbekistan falls on private sector
Bulk of construction work completed in Uzbekistan falls on private sector
Weekly review of main events in Azerbaijan's transport sector
Weekly review of main events in Azerbaijan's transport sector
‘Bibiheybat’ Ship Repair Yard completes overhaul of ‘Ramiz Hajiyev’ floating crane
‘Bibiheybat’ Ship Repair Yard completes overhaul of ‘Ramiz Hajiyev’ floating crane
Loading Bars
Latest
Italy says G20 to discuss extension of debt relief for poor countries
Merkel and Biden agree in phone call to strengthen transatlantic cooperation
Majority of U.S. Senate votes to confirm Yellen as Treasury chief, voting continues
Canada's COVID-19 cases surpass 750,000
Number of COVID-2019 cases across globe up by over 514,000 in past day
UN chief calls for developing global economy with universal respect for int'l law
Israel reports 8,664 new COVID-19 cases, 605,397 in total
At least 21 dead, 33 injured in southern Brazil bus accident
Georgia's economy focuses on higher value added sectors
Italy PM Conte to resign on Tuesday, seek fresh mandate
6.5M more doses from China add pace to Turkey's vaccination drive
Flydubai, Air Arabia to resume flights to Georgia
Iran's exports to EEC member states increase
Assistant to Azerbaijani president talks new architecture of regional security in interview to Atlantic Council (VIDEO)
Six people rescued from rubble after explosion in Azerbaijani Khirdalan (PHOTO/VIDEO)
India eyes to study Kyrgyz medicinal plants, create their catalog
Kazakhstan boosts petroleum oils export to EU countries
UK records another 22,195 coronavirus cases, 592 deaths
National Bank of Kazakhstan discloses base rate
Role of innovations in development of digital payments in Azerbaijan during pandemic
PACE welcomed trilateral statement putting end to Second Karabakh war - Secretary General of Council of Europe
Azerbaijani Cabinet of Ministers determines priorities for 2021 upon president’s instructions (PHOTO)
Azerbaijan Gymnastics Federation holds its General Assembly and Executive Committee meeting (PHOTO)
Azerbaijan discloses trade balance in 2021
Georgia reveals volume of exported tangerines
Main index of Tehran Stock exchange gains 1,343 points
Azerbaijan shows footage from Dovletyarli village of Fuzuli district (PHOTO/VIDEO)
Iran capable of reconstructing liberated areas in Azerbaijan's Karabakh - former ambassador
Azerbaijani SOCAR's Turkish affiliate discloses revenue from 2020 export operations
BakuBus LLC transferred to Azerbaijan Investment Holding
Azerbaijan releases info on its citizen killed by pirates off coast of Nigeria
Export of hazelnuts from Azerbaijan to Georgia down
Azerbaijani expert talks transport problem in post-pandemic period
Azerbaijan confirms 273 more COVID-19 recoveries
Azerbaijani, Iranian FMs discuss current regional situation
Iranian Energy Exchange announces products to be on sale on Jan.26
USAID empowers early adopters of digital economy of Turkmenistan
Azerbaijan's heavy industry to reach new level
Uzbekistan Airports officially joins Airport Council International
Uzbekistan, EAEU approve road map for effective co-op in 2021
Kazakhstan boosts petroleum oil exports to Austria despite COVID-19
Kazakhstan restoring crude petroleum exports to Czech Republic
Volume of loans issued by Georgia commercial banks up
Kazakhstan’s largest gas supplying company opens tender for road repairs
Kazakhstan taking measures to develop container transportation by railway and sea
Kazakhstan continues to implement transport projects despite COVID-19 pandemic
Azerbaijan’s Baku Taxi Service opens tender for maintenance and repair of London Taxi
Investments in Azerbaijan's economy to increase - Standard & Poor's
Kazakhstan working on launching ferry service with Turkmenbashi, Makhachkala ports
Uzbekistan to use South Korea’s experience in digital economy dev’t
Azerbaijan planning to export domestic oil for diesel engines to Ukraine
Google workers to form global union alliance
S&P forecasts decrease in unemployment rate in Azerbaijan
Azercell expanded the coverage of the LTE network to more than 85% of the country's territory last year
Iran's exports through Astara customs grow
Relations on two sides of Araz are relations of kinship and friendship - Iranian FM
Azerbaijan shows footage from Kurdler village of Fuzuli district (PHOTO/VIDEO)
Iran’s Bahar Azadi gold coin price continues to rise
Contract to be signed on eleventh phase of Iran's South Pars gas field
Liabilities of Azerbaijani private sector to banks to decrease over next 3 years
Foreign trade turnover of Uzbekistan’s Samarkand region reduced in 2020
Turkish Yilmaden Holding eyeing chromite enrichment launch in East Kazakhstan
Georgia sees decrease in wine export
Production of vehicles in Azerbaijan increases
Hogan Lovells continues to advise Shah Deniz consortium after launch of SGC
Azerbaijan's Unicapital OJSC predicts notable rise in operations with securities for 2021
South Korea allocates additional grant for Uzbekistan to counter spread of COVID-19
Kazakhstan to auction several land plots for hydrocarbons exploration, dev't
Iran’s IOOC continues operations in Sivand and Esfand oil fields
Azerbaijan's AzerGold CJSC reveals 2020 revenues from export of gold, silver
S&P Global Ratings discloses forecast average inflation rate in Azerbaijan until 2024
Visit of Iran's Zarif to Baku - historic, says MFA spokesman
Russian MP included in "blacklist" - Azerbaijan Foreign Ministry
New opportunities with respect to new situation in region open wide doors to cooperation - President Aliyev
Cooperation on Khudafarin water reservoir, future plans with respect to construction of power station already in very active phase - President of Azerbaijan
Russia’s Tatneft in Turkmenistan opens tender for provision of truck crane services
We will be very happy to see companies from Iran among companies who participate in reconstruction of liberated areas - President Aliyev
Iran to carry out vaccination against COVID-19 in Jan.-Feb. 2020
Non-OPEC oil supply to rise in 2021, says JP Morgan
Iran and Tajikistan agree to complete Istiqlol tunnel
Iran boosts value of exports from Gilan Province
Uzbekistan manages to maintain active foreign trade balance with number of countries
Volume of goods available in Iranian ports revealed
Italy consumer association sues Apple for planned iPhone obsolescence
Iran asks EU to comply with its commitments within JCPOA
IKEA lowers climate footprint helped by pandemic and energy-efficient light bulbs
Iran says it will comply with its commitments if US returns to nuclear deal
Georgian Innovation and Technology Agency implements new project with WB support
Iran discloses data of exports via Astara port
Remittance inflows to Georgia increasing
Uzbek agro-industrial agency announces tender for well construction
Turkey testing domestic missile from submarine (VIDEO)
Kazakhstan's Ministry of Agriculture preparing for sowing campaign
ECB can price climate risk better than the market
Azerbaijan's First VP Mehriban Aliyeva re-elected as President of Azerbaijan Gymnastics Federation
Azerbaijani Economic Zones Dev't Agency to stimulate investment inflow in industrial parks
Iran reveals COVID-19 data for January 25
Agricultural lands in Iran to be equipped with modern irrigation systems
Azerbaijan's current account balance to return to surplus in 2021 - Standard & Poor's
Azerbaijan sends letters on Armenia's crimes to several countries (PHOTOS)
All news