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FM: Positive dynamics recorded in development of Azerbaijani-German relations

Oil&Gas Materials 29 June 2010 23:12
Azerbaijani Foreign Minister Elmar Mammadyarov on June 29 met with Bundestag's working group on foreign policy, during which he informed participants of the economic-political realities of Azerbaijan.
FM: Positive dynamics recorded in development of Azerbaijani-German relations

Germany, Berlin, June 29 /Trend, special correspondent O.Sattarov/

Azerbaijani Foreign Minister Elmar Mammadyarov on June 29 met with Bundestag's working group on foreign policy, during which he informed participants of the economic-political realities of Azerbaijan.

Mammadyarov said that there is positive dynamics in the development of Azerbaijani-German relations and not only for large German companies, but also there is a comfortable atmosphere for medium enterprises of Azerbaijan.  

"Azerbaijan is in search of new markets for its energy, in this case, Europe is the preferred partner as it is predictable," Mammadyarov said.
The minister said that the Nabucco project is absolutely interesting, and moreover, Nabucco is not only economic, but also a strategic project, but it should not be much politicized.

"The European Commission should more clearly express its position on this project," Mammadyarov said. Günther Oettinger, EU Commissioner for Energy, promised to, by the end of this year, clarify issues related to the position of the EU on Nabucco.

The minister described big success the agreement recently reached with Turkey on the price of transit and volumes of supplies of Azerbaijani gas. According to him, it will help Azerbaijan in its further progress on the European gas market

"Azerbaijan is seeking to diversify its energy supply as much as possible," said the minister. Answering the question by one of the MPs on Azerbaijani gas purchase by Russia, Mammadyarov said that Gazprom pays good price for the Azerbaijani gas. Currently Azerbaijan sells Russia about 1 billion cubic meters of gas per year.

"Profits from the sale of oil and gas of Azerbaijan are invested in non-oil sector. Priorities here are the development of infrastructure and education," said Mammadyarov.
 

With regards to infrastructure development in the region, the minister told MPs on the planned completion of the railway branch of the Baku-Tbilisi-Kars by 2012 year.

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