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President Aliyev: Southern Gas Corridor to supply gas to over 10 European countries

Oil&Gas Materials 10 November 2015 11:37 (UTC +04:00)
Today, Azerbaijan is known throughout the world as a reliable partner, playing a decisive role in oil and gas sector and ensuring some countries’ energy security, said Azerbaijani President Ilham Aliyev.
President Aliyev: Southern Gas Corridor to supply gas to over 10 European countries

Baku, Azerbaijan, Nov. 10

Trend:

Today, Azerbaijan is known throughout the world as a reliable partner, playing a decisive role in oil and gas sector and ensuring some countries' energy security, said Azerbaijani President Ilham Aliyev.

He made the remarks Nov. 9 addressing a general meeting marking the 70th anniversary of the Azerbaijan National Academy of Sciences (ANAS).

The president said that after a few years, Azerbaijan will have even more partners, because about 10 countries, and then even more of them, will be able to receive Azerbaijani gas, following the realization of the Southern Gas Corridor.

"Azerbaijan has undertaken leadership in this area," noted the president. "Azerbaijan is not only an initiator, but it is also a leading force of the Southern Gas Corridor and the TANAP project. We also simultaneously direct our financial resources to this."

The president said scholars are well aware that all the oil and gas fields in the Caspian Sea have been discovered by Azerbaijani scientists.

"If not for the Azerbaijani science school, those fields wouldn't have been discovered, or they would have been discovered much later," said President Aliyev.

"Azerbaijani scientists today play an important role in successful implementation of oil and gas operations in the country, they are involved in cooperation with foreign partners and in the projects realized by the State Oil Company of Azerbaijan," he added. "This area is, of course, also strategic for us."

"Our oil and gas reserves are big enough," the president added. "The stocks of our gas reserves are enough both for us and for exports to partner countries for at least 100 years."

President Aliyev further noted that the Azerbaijani scientists should also get familiar with existing and emerging technologies in this area, since there has been a great development in this sector in recent years.

He said that today, Azerbaijan is not only easily drilling wells to the depths that were previously inaccessible, but large rigs, capable of drilling to the greatest depths of earth, are being created even in Baku.

"Therefore, this area is strategic both for us and for our partners," said President Aliyev.

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