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U.S. Ambassador: Azerbaijan-Turkey gas transit agreement - significant step toward realization of Southern Corridor

Oil&Gas Materials 27 October 2011 09:13 (UTC +04:00)
The U.S. warmly welcomes the signing of the Azerbaijan-Turkey gas transit agreement in Izmir on Oct.25, U.S. Ambassador to Azerbaijan Matthew Bryza told Trend on Wednesday.
U.S. Ambassador: Azerbaijan-Turkey gas transit agreement - significant step toward realization of Southern Corridor

Azerbaijan, Baku, Oct.26 / Trend, E.Tariverdiyeva /

The U.S. warmly welcomes the signing of the Azerbaijan-Turkey gas transit agreement in Izmir on Oct.25, U.S. Ambassador to Azerbaijan Matthew Bryza told Trend on Wednesday.

"This is one of the most significant steps toward realization of the Southern Corridor to date," he said.

According to Bryza, this agreement underscores the commercial attractiveness of the Southern Corridor, which will deepen the economic and strategic connections between Azerbaijan, Georgia, Turkey, and our other European Allies.

"We now look forward to the next round of decisions on pipeline routes and upstream development, which we hope will usher in a new era of energy security for all of our friends throughout the South Caucasus and Europe," he said.

Azerbaijan and Turkey on Tuesday signed a package of gas contracts, which includes issues of cost of Azerbaijani gas for Turkey in the second stage of Shah Deniz, volume of gas supplies to Turkey from the field after 2017, as well as a transit agreement for Azerbaijani gas transportation through Turkey.

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