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“Azerbaijan making significant contribution to world energy security”

Oil&Gas Materials 10 March 2016 17:38 (UTC +04:00)
Azerbaijan makes significant contribution to ensuring the world’s energy security, Turkey’s former foreign minister Hikmet Cetin told reporters in Baku, March 10.
“Azerbaijan making significant contribution to world energy security”

Baku, Azerbaijan, March 10

By Elchin Mehdiyev - Trend:

Azerbaijan makes significant contribution to ensuring the world's energy security, Turkey's former foreign minister Hikmet Cetin told reporters in Baku, March 10.

He noted that the energy security is a very important issue.

"The Middle East and South America also play a role in this sphere. But the Caspian Sea region holds the most important place in this process," said Cetin.

Turkey's former minister noted that today, Azerbaijan plays a leading role in the Caspian Sea region as a producer.

He pointed out that the Southern Gas Corridor is a large and important project.

"The Southern Gas Corridor is a project for transporting natural gas. It starts from Azerbaijan, runs through Georgia, Turkey, Bulgaria, Greece and is able to reach Europe," said Cetin.

"It will contribute to the energy security and create conditions for increasing the energy sources," said the former minister.

The Southern Gas Corridor is one of the priority energy projects for EU. It envisages the transportation of gas from the Caspian Sea region to the European countries through Georgia and Turkey.

At the initial stage, the gas to be produced as part of the Stage 2 of development of Azerbaijan's Shah Deniz field is considered as the main source for the Southern Gas Corridor projects. Other sources can also connect to this project at a later stage.

As part of the Stage 2 of the Shah Deniz development, the gas will be exported to Turkey and European markets by expanding the South Caucasus Pipeline and the construction of Trans-Anatolian Natural Gas Pipeline and Trans-Adriatic Pipeline.

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