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Southern Gas Corridor serves interests of EU, Azerbaijan - Mogherini

Oil&Gas Materials 9 February 2018 15:15 (UTC +04:00)
Southern Gas Corridor serves interests both of the European Union and Azerbaijan.
Southern Gas Corridor serves interests of EU, Azerbaijan - Mogherini

Baku, Azerbaijan, Feb. 9

By Ali Mustafayev – Trend:

Southern Gas Corridor serves interests both of the European Union and Azerbaijan, being a part of Azerbaijan’s diversifying economy, said the EU High Representative Federica Mogherini at a joint news conference with Azerbaijani Foreign Minister Elmar Mammadyarov, following the meeting of the EU-Azerbaijan Cooperation Council on Feb. 9.

She added that the Southern Gas Corridor is just one example of Azerbaijan-EU strategic relationship in the field of energy that serves the interests of both sides.

“The inauguration of Baku-Tbilisi-Kars railroad last year was also a significant step in expansion of transport connections between European Union, Turkey, Georgia, Azerbaijan, and Central Asia,” said Mogherini.

She stressed, that the aviation agreement that Azerbaijan and the EU are negotiating on, should also contribute to the connection of Azerbaijan and Europe.

“The ability of people from Azerbaijan and the countries of the European Union to travel, meet each other, visit each other’s country are of high strategic value in terms of geopolitics,” said Mogherini.

According to Azerbaijan’s State Customs Committee, trade turnover with the EU member countries amounted to $9.4 billion in 2017, 52.35 percent more than in 2016.

Azerbaijan exported goods worth $7.45 billion to the EU member countries in 2017.

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