Economy Minister: Austria hopes to sign gas contracts in Caspian Sea
Azerbaijan, Baku, June 24 / Trend, U. Sadikhova /
Austria hopes to sign contracts to purchase gas from the Caspian region, which will allow the EU to diversify sources of power supply. The issues on construction of new pipelines within the "Southern Corridor" are being actively considered for this purpose.
"The region is rich in gas, which Europe needs. And we hope for early signing of contracts," - said Trend located in Baku, the Austrian Federal Minister for Economy, Sport and Family Affairs Raynhold Mitterlehner, who is on visit to Baku, said.
He said a delegation led by him has discussed the possibility to boost contacts and cooperation in other fields of economic, like health, tourism, and infrastructure.
"We see enormous potential in this region. The most prospective is energy sector," the minister said.
The Austrian company OMV is the operator of the Nabucco gas pipeline project, designed to transport natural gas, in particular from the Caspian region and Central Asia to Europe.
"We hope that negotiations on the prospects of the Nabucco project will soon finish," Mitterlehner said.
According to the minister, however, Austria has no plans to limit itself to the real sector.
"We are interested in cooperation in the field of renewable sources, as well as in non-oil sector," the minister said.