Azerbaijan, Baku, Sept. 29 / Trend , A.Badalova/
Azerbaijan in terms of energy is of great importance for Europe, believes Robert Cutler, Senior Research Fellow at the Institute for the European, Russian and Eurasian Studies at the Carleton University of Canada.
"Regarding the current relations between Russia and Ukraine, Europe today is interested in developing cooperation with Azerbaijan in the energy sphere," Cutler said Tuesday in Baku, speaking during a roundtable at the Center for Strategic Studies under the President of Azerbaijan.
Speaking about the planned new energy projects, Cutler said that today Europe seriously treats with the Nabucco gas pipeline project that aims to export gas from the Caspian region and the Middle East to the EU.
He believes there is a little hope that Iranian gas will be pumped through the Nabucco pipeline.
"Energy Infrastructure in Iran today is at a low level due to the lack of transparency and poor business environment in the country," said Cutler.
In 2014, the Nabucco gas pipeline's capacity will be 8 billion cubic meters and will increase to 15.7 billion cubic meters, then to 25.5 billion cubic meters per year. The stated design capacity of the Nabucco at 31 billion cubic meters will depend on the demand for gas and the number of supply sources.
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