Energy plays key role in US-Azerbaijan longstanding relationship - Sue Saarnio (Exclusive)

Energy plays key role in US-Azerbaijan longstanding relationship - Sue Saarnio (Exclusive)

Baku, Azerbaijan, Nov.17

By Leman Zeynalova – Trend:

Trend’s exclusive interview with Acting Special Envoy and Coordinator for International Energy Affairs at the US Department of State Sue Saarnio.

Intro: "As the Acting Special Envoy for the State Department’s Bureau of Energy Resources, it is my pleasure to discuss energy issues of common interest between the United States and Azerbaijan. Our countries have a longstanding bilateral relationship, with energy playing a key role."

Q: Azerbaijan, jointly with its international partners, is very close to the completion of the Southern Gas Corridor project. How do you assess the progress in implementation of the project and its significance in ensuring Europe’s energy security?

A: The Southern Gas Corridor (SGC) will make a significant contribution to Europe’s energy security. The SGC has made tremendous progress. Development of Azerbaijan’s offshore Shah Deniz 2 (SD2) gas field is nearly complete, as is the expansion of the South Caucasus Pipeline (SCPX) and construction of the Trans-Anatolian pipeline (TANAP). The final pipeline in the SGC, the Trans Adriatic pipeline (TAP), has also made substantial progress, especially in Greece and Albania. The Italian portion, after some initial challenges, is making good progress. We remain confident that gas deliveries to Turkey will begin in 2018 and to Italy in a 2020/21 timeframe.

Q: Various projects are under construction for transporting gas to Europe. What importance do you attach to the Southern Gas Corridor under new conditions, given the EU intention to diversify the energy supply sources?

A: Many EU members recognize that their reliance on a single source of natural gas imports exposes them to serious political and economic risks, and that they should take steps to diminish that reliance by diversifying their gas imports—by country of origin and path of delivery.

While the EU has added LNG infrastructure—both terminals and floating storage regasification units (FSRUs)—the SGC is the only major pipeline project now under construction that will provide a new source and new route for gas delivery to Europe.

This is an enormously significant development and would not have been possible without the concerted and sustained efforts of countless government and private sector stakeholders from Azerbaijan, Georgia, Turkey, Albania, Greece, Italy, the United Kingdom and elsewhere. The U.S. government has strongly supported this project from its inception, much as we earlier supported the Baku-Tbilisi-Ceyhan (BTC) pipeline.

The SGC and BTC are remarkable examples of what we can achieve when we work together toward a common purpose.

The initial phase of the SGC, with gas supplies from SD2, is just the beginning. Under the right circumstances, the SGC could be expanded to deliver additional volumes from Azerbaijan, as well as new volumes from the Eastern Mediterranean and/or Turkmenistan.

The SGC could thus become a basis for positive cooperation across the region, providing a range of gas producers with a stable source of export earnings, while helping to underpin Europe’s long term energy security.

Q: On September 14 Baku hosted the signing ceremony of a new contract on development of the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields until 2050 with participation of two US companies. What is the significance of the deal for the international energy cooperation? How will this agreement affect Azerbaijan’s role as a supplier of energy resources to world markets?

A: Azerbaijan has been supplying large volumes of oil to global markets since completion of the Baku-Tbilisi-Ceyhan (BTC) pipeline in 2006. Extension of the ACG Production Sharing Agreement (PSA) will help ensure that Azerbaijan remains a major supplier of oil to European and world markets.

---

Follow the author on Twitter: @Lyaman_Zeyn

Kazakhstan-China Pipeline LLP opens tender on repairs of pipelines
Kazakhstan-China Pipeline LLP opens tender on repairs of pipelines
Kazakhstan’s freight transportation operator opens tender to test wheelsets
Kazakhstan’s freight transportation operator opens tender to test wheelsets
Azerbaijan’s Azerishig company opens tender to buy various combined, storage accessories
Azerbaijan’s Azerishig company opens tender to buy various combined, storage accessories
Loading Bars
Latest
Baku hosts opening ceremony of Rhythmic Gymnastics World Cup (PHOTO)
Former serviceman accused of treason and espionage in Armenia
Azerbaijan plans to withdraw its peacekeepers from Afghanistan – Defense ministry
India grants permission for 5G trials to telecom service providers
Armenian side does not fulfill obligations upon int’l humanitarian law – MFA
Japan pledges $50.3 million to help India combat COVID-19
Uzbekistan and Kazakhstan developing analogy of Schengen visa for Silk Road countries
Azerbaijan forming perspective industrial complex
Azerbaijan - important int’l transport hub - chairman of Azerbaijan Railways CJSC (PHOTO)
ADB to no longer finance coal mining, oil, and natural gas field exploration
Successful policy on development of sports in Azerbaijan bearing fruit - Deputy Sports Minister
All gymnasts provided with necessary time to train for Rhythmic Gymnastics FIG World Cup in Baku - Greek gymnast
Germany says production capacity, not patents, key to upping vaccine output
Saudi to make COVID-19 vaccinations mandatory for all workers
Georgia shares data on number of citizen registered for temporary employment in Germany and Israel
Uzbekneftegaz increases natural gas output at field of Gazli oil and gas production dep’t
Uzbekistan to increase copper sulfate exports to Poland
Several investment projects to be implemented in Kazakhstan's Zhambyl in 2021
Iran continues to strengthen ties with China, Russia
Winners of ‘Sustainable Development in Chemistry and Chemical Engineering’ conference awarded (PHOTO)
Very exciting to perform in Rhythmic Gymnastics FIG World Cup in Baku - Polish gymnast
Global Affairs Canada welcomes release of Armenian detainees by Azerbaijan
Azerbaijan's SME Dev't Agency holds training for female entrepreneurs (VIDEO)
Azerbaijani PulPal payment system receives purchase offer
Georgia begins renovating buildings and infrastructure in Gardabani
Azerbaijan eyes to launch WeChat payment solution
Azerbaijan's Central Bank unveils results of tender launched to support database platform
SOCAR’s Petkim reveals profit in Q1 2021
S.Korea to set up training center for advanced technologies of fruit, vegetable production in Uzbekistan
Oil prices set for weekly gain despite India virus surge
Azerbaijan boosts steel imports from Turkey
No 'Indian' strain of COVID-19 detected in Azerbaijan
Kazakhstan-China Pipeline LLP opens tender on repairs of pipelines
Uzbekistan, Ireland consider establishing co-op in tourism sector
Egyptian gymnast talks AGF's organization of World Cup in Baku
Nuvei acquires Israeli fintech co Simplex for $250m
SOCAR’s Petkim increases production capacity to 92%
Kazakhstan decreases imports of Belgium-made goods
Thailand expects up to 20 mln doses of Pfizer vaccine from July
Kazakhstan's inflation rate for April 2021 revealed
Shusha declared cultural capital of Azerbaijan - presidential order
Number of ships received at Turkish Gemlik port in 1Q2021 revealed
Putin instructs government to support international Arctic expedition
Kazakhstan’s Nostrum identifies measures to add to PDP reserves
Azerbaijan’s renewable energy path: ongoing and future projects
Georgia reports 1,547 new cases of coronavirus for May 7
Uzbekistan eyes attracting Singaporean companies for co-op in electrical industry
Turkey ratifies agreement on international combined transport of goods with Georgia
Kazakhstan boosts trade with Spain
Latest prices for Azerbaijani oil announced
Wide opportunities opening for TRACECA to implement major projects (PHOTO)
Azerbaijan establishes uninterrupted water supply to liberated Hadrut village
Construction of new main water pipeline to Shusha begins in Azerbaijan
Gold, silver prices increase in Azerbaijan
Size of hydrogen aircraft market by 2040 disclosed
Czech companies interested in implementing green energy projects in Uzbekistan
Azerbaijani Ro-Pax type ferry on its first voyage, en route to Kuryk port (PHOTO)
Kazakhstan’s freight transportation operator opens tender to test wheelsets
Countries Need To Assist India In Its Battle Against Second Wave Of Covid: Deloitte CEO
Cement adhesive and dry mortar mixes plant in Georgia expands with state support
WTO Patent Waiver Will Enable Timely Access Of Covid Vaccines: India
Russia promises to show its best at Expo 2020 in Dubai
Friendship between India and UAE increasing as their allies continues in pandemic
UK PM Johnson's party win election for parliament seat
First day of Rhythmic Gymnastics World Cup kicks off in Baku (PHOTO)
India taking steps for economy growth
Multilateral Response Is Critical To Overcome Pandemic In India, Globally: IMF
Indian defence organisations engaged in mitigating people’s sufferings amid Covid surge
India, EU likely to resume FTA talks stalled for 8 years
Bank of Israel bought $5.27b foreign currency in April
EURO 2020 Trophy presented to Azerbaijani President Ilham Aliyev (PHOTO)
Uzbekistan reveals COVID-19 data for May 7
Azerbaijan, TRACECA discuss regional opportunities of post-Karabakh conflict period
Azerbaijani currency rates for May 7
Organization of Azerbaijani Veterans appeals to Russian FM
IFC interested in supporting Azerbaijan’s energy transition
IFC supported Azerbaijan’s private sector with around $850 million, says director
IFC to engage in formulating new WB Partnership Framework for Azerbaijan - Director
Tesla tells regulator that full self-driving cars may not be achieved by year-end
India's daily COVID-19 cases rise by record 414,188
Azerbaijani president pays constant attention to work in liberated lands - administration (PHOTO)
Germany's exports up 2.6 pct in april
Brazil's COVID-19 cases surpass 15 million
Turkmenistan offers business opportunities for Swiss private sector in number of areas
Progress has been made in lifting JCPOA related sanctions - Head of Iranian President's office
Turkey, Brazil and US remain main exporters of poultry meat to Georgia
Turkey's central bank leaves key policy rate unchanged at 19%
Tajikistan official confirms the death of 19 citizens in the recent border clashes
GM posts strong performance in Q1
Bundestag approves easing of COVID-19 rules for immunized people
Diamond demand in China directly benefits Botswana: De Beers
U.S. weekly jobless claims drop to 498,000, marking new low during pandemic
WHO says COVID-19 vaccine supply hitches could reignite upticks in Africa
Food prices continue to climb in April - FAO
Turkey reports over 22 388 COVID-19 cases
At least 23 killed in Rio de Janeiro favela gun battle
Kyrgyzstan is interested in establishing joint Kyrgyz-Korean enterprises
Turkey's 1Q2021 revenues from car export to int'l market grow
We reject, don't recognize decision of Latvian gov't on so-called "Armenian genocide" - Turkish Defense Ministry
Georgia launches campaign to popularize state agricultural insurance program
All news