Baku, Azerbaijan, Dec. 17
The United States congratulates the government of Azerbaijan and all of the parties involved, including the State Oil Company of the Republic of Azerbaijan, the private shareholders of the Shah Deniz consortium, and all of the countries along the Southern Gas Corridor, on the successful completion of the Shah Deniz -2 final investment decision, according to the statement of the U.S. Ambassador to Azerbaijan, Richard Morningstar.
"This agreement and the planned pipelines will be instrumental in guaranteeing the energy security of Turkey, southern Europe, the Balkans and the rest of Europe," the ambassador said.
By bringing Caspian gas to international markets, this initiative will also contribute to meeting global energy demand, which is critical to sustaining economic growth, according to Morningstar's statement.
"I am proud to have been involved with this project for several years and to have witnessed today's historic agreement," the ambassador said.