Richard Lugar: Increase of Azerbaijani hydrocarbon exports impacts European security

Richard Lugar: Increase of Azerbaijani hydrocarbon exports impacts European security

Azerbaijan, Baku, May 29 / Trend /

The strengthening of Azerbaijan as an energy exporter impacts European security, former U.S. Senator Richard Lugar said at the final session of the Azerbaijani-American Forum "Vision for the future", which is taking place in Baku.

The former Senator said that a detailed and comprehensive speech by the President of Azerbaijan Ilham Aliyev made a big impression on him.

"I first met with President Heydar Aliyev in 1998 and saw an Azerbaijan that was in a transitional period after the collapse of the Soviet Union. Back then, the future of the country was unclear. Currently, Azerbaijan is an undoubted friend, business partner and military ally of the United States," Lugar said.

According to him, successful cooperation between the two countries will only grow in the future.

"Azerbaijan is successfully cooperating with the United States on land and at sea. We cooperate in many areas, but some of them are crucial to regional security. Regional security is of great importance outside the area as well. If Iran develops nuclear weapons, it would be unacceptable to both the U.S. and for Azerbaijan," Lugar said.

The senator noted that cooperation in the energy sector plays an important role in regional stability.

"Construction of the Baku-Tbilisi-Ceyhan oil pipeline played an important role in strengthening stability in the region and strengthening the international position of Azerbaijan," Lugar said.

The senator also said that the strengthening of Azerbaijan's role as an energy exporter affects Europe's security.

"It is necessary to draw attention to the fact that Russia affects Europe by using its influence over the Central Asian countries. In this context, it is important to force Russia to act within the framework of a market economy. Transportation of Azerbaijani gas to Central and Eastern Europe via Nabucco West and TAP is not only an economic solution. Geographical location ads strategic importance to this decision," the former senator said.

According to him, Nabucco West will deliver the gas to the energy-poor countries of Europe, and this will greatly ease the situation in those countries. In addition, Nabucco will create conditions for gas supplies to U.S. allies. All this will reduce Europe's dependence on Russia and Iran, Lugar said.

The senator noted that large amounts of resources create a comfortable environment for corruption.

"However, a transparent mechanism for the distribution of oil revenues, secured by President Ilham Aliyev, helped avoid it. This not only prevents the growth of corruption, but also creates conditions for the development of society," Lugar said.

He expressed confidence that the partnership between the two countries will develop in the future.

Austria interested in participating in projects in Turkmenistan
Austria interested in participating in projects in Turkmenistan
Eurostat names amount of petroleum oils imports by EU countries from Turkmenistan
Eurostat names amount of petroleum oils imports by EU countries from Turkmenistan
Silk production campaign underway in Turkmenistan’s Dashoguz region
Silk production campaign underway in Turkmenistan’s Dashoguz region
Loading Bars
Latest
Israel reports 73 new COVID-19 cases, 838,761 in total
WHO records over 721,000 new daily cases of COVID-19 worldwide
EU medicine regulator starts rolling review of Sinovac COVID-19 vaccine
Qatar reports 645 new COVID-19 cases, 208,877 in total
Central Bank of Iran shares data on impact of oil exports on economic performance
UK records another 2,144 coronavirus cases, 27 deaths
Turkish president, German chancellor discuss bilateral ties, regional issues
OSCE Minsk Group Co-Chairs welcome release of Armenian detainees
Ombudsman prepares report on hate crimes, hostile approach towards Azerbaijanis
Egypt will bring a royal mummy to Expo 2020 in Dubai
Uzbekistan’s 1Q2021 vegetable production revealed
Uzbekistan notes threefold increase in balance of mortgage loans repayment
Georgia sees increase in imports of buckwheat in 1Q2021
Review of regulations to improve Iran home appliances production - official
President Sadyr Zhaparov signs decree on Cabinet of Ministers of Kyrgyzstan
Austria interested in participating in projects in Turkmenistan
Azerbaijani, Georgian peoples live in peace and friendship - PM
Azerbaijan approves renewed make-up of joint commissions with several countries
Azerbaijan to hold webinar on "New Opportunities for Startup"
Azerbaijan discloses data on construction work carried out by private enterprises in Baku
Russian, Turkish presidents discuss issues related to Karabakh
Iran’s Bahar Azadi gold coin price falls
Azerbaijani Finance Ministry places medium-term bonds on auction
Iran's Energy Exchange announces products to be on sale on May 8
Azerbaijan has very responsible approach to ensuring cybersecurity - Kaspersky Lab
Georgian organic farm begins production of sunflower oil
Iran approves projects on establishment of trade zones
Azerbaijani minister names amount of government spending to restore Karabakh in 2021
Canada reveals volume of bilateral trade with Georgia
Georgian Minister of Agriculture talks success of German businesses
Hungarian airline Wizz Air to resume flights from Georgia's Kutaisi International Airport
European Parliament acting unfairly by calling Armenian terrorists "POWs" - MP
Eurostat names amount of petroleum oils imports by EU countries from Turkmenistan
Activities of trade markets between Iran, Pakistan to contribute to trade –Deputy Minister
Kazakhstan investing in Georgian ports, specifically in Batumi oil terminal
Georgia expects increase in low-cost airlines during summer season
Georgia NCC and NATO-EU Information Center to implement joint projects
Iraq commits to return Iran's debts
US welcomes Azerbaijan’s release of three Armenian detainees
Iran's TEDPIX index sees gains
Volume of raw silk cocoon to be produced in Iran revealed
Shameful monument to fascist Nzhdeh in Karabakh must be demolished - Russian media outlet
Shekel weakens after Yellen rate remarks
Flydubai expands network to over 80 destinations, resumes flights to Russia and Iran
Azerbaijan wraps up investigation on Lebanese mercenary who fought in Karabakh on Armenian side
Blue Origin to begin space tourism ticket sales Wednesday
Navoi Mining and Metallurgical Combine leads among Uzbekistan’s taxpayers
Meeting between Azerbaijani, Georgian foreign ministers being held
Azerbaijan shares data on number of vaccinated citizens for May 5
Relations between peoples of Azerbaijan, Georgia based on long history - President Aliyev
Azerbaijan confirms 1,080 more COVID-19 cases, 2,074 recoveries
Georgian, Azerbaijani people are interlinked, interdependent on each other - Georgian PM
UAE to launch flights to Uzbekistan’s Tashkent
Austrian chancellor urges European drug regulator to fast-track Sputnik V’s registration
Azerbaijan continues to be one of biggest investors in Georgia’s economy - President Aliyev
Georgia's prime minister visits grave of Azerbaijan's National Leader Heydar Aliyev (PHOTO)
Azerbaijani IT company to locally launch smartphone app for accepting non-cash payments
Iran's NISOC ready to increase oil extraction
Silk production campaign underway in Turkmenistan’s Dashoguz region
Azerbaijan's PulPal payment system to add cryptocurrency wallet
Geostat unveils statistics on Georgia's oil imports
Azerbaijan reveals funds to be allocated for student tuition
Uzbekistan, S. Korea preparing for buyout of state share of mining and processing JV
Uzbekistan’s textile export to grow in 2021 - German expert
IMF predicts higher oil prices and better COVID-19 response for Iran by second half of 2021
Georgian parliament adopts new law regarding National Bank of Georgia
Georgia to face double-digit inflation if lari continues to plunge in value - TBC-Bank
Turkey reveals 4M2021 data on chemicals exports
Germany, France, Spain reach general agreement over fighter jet
Average monthly salary in Baku down
Turkey's export value of clothes up in 4M2021
Significant amount of funds to be invested in Georgian Poti port dev't - Deputy minister
Russia reports nearly 8,000 daily COVID-19 cases
Electra Consumer Products signs Yeinot Bitan acquisition deal
SOCAR Turkey subsidiaries awarded zero waste certificates
Increasing manufacturing of household appliances in Iran can guarantee exports - ICCIMA
Cost of chargeable services rendered to Baku's population in 1Q2021 dips
Georgia sees increase in potato imports
Georgian PM invites Azerbaijani president to Georgia
1Q2021 turnover of catering sector in Baku disclosed
Baku Stock Exchange holds auction on placement of CBA's short-term notes
Georgia reveals prices of fuel for May 4
Iran hopes Gorgan-Aktau flight to boost its tourism industry
Azerbaijani payment system offers B2B and C2B services in domestic market
Saudi Arabia considers barring overseas haj pilgrims for second year
Khazar Consortium in Turkmenistan opens tender to purchase of hygienic products
SOCAR Turkey’s petrochemical unit increases recycling by over 30%
Details of Iran’s face mask trade disclosed
Iran reveals COVID-19 data for May 5
Uzbekistan, Turkmenistan, Iran talk pilot train transportation
Most transactions on government securities in Azerbaijan fall on primary market
Azerbaijan, Turkey, Uzbekistan plan to ink MoU on audit sphere
Czech sees opportunities for co-op with Uzbekistan in industry and agriculture – Ministry
Turkmen Health Ministry extends tender for medical supplies purchase
Iran sees reduction in reliance on oil exports - Iranian president
Iran's Golestan Province to work on more agricultural projects
Iran expects sanctions to be lifted soon - President Rouhani
Azerbaijan seeks to expand its capabilities in mechanical engineering - expert
Azerbaijani president receives Georgian PM (PHOTO/VIDEO)
Georgia, US highlight importance of COVID-19 vaccination
All news