TAP project allows diversification of gas supply sources - Azerbaijan's energy minister

Oil&Gas Materials 13 November 2020 16:23 (UTC +04:00)
TAP project allows diversification of gas supply sources - Azerbaijan's energy minister

BAKU, Azerbaijan, Nov. 13

By Fidan Babayeva - Trend:

Trans Adriatic Gas Pipeline project (TAP) which will be commissioned in the nearest future and deliver Azerbaijani gas to European consumers will allow diversifying the supply sources, Azerbaijan’s Energy Minister Parviz Shahbazov said, Trend reports citing the Ministry of Energy.

Shahbazov made the remark at a roundtable meeting on the impact of the COVID-19 pandemic on world gas markets held in the format of the videoconference.

The meeting began with the opening speech of Algerian Energy Minister and the Gas Exporting Countries Forum (GECF) Chairman Abdulmajid Attar, and welcoming speeches and the GECF Secretary General Yury Sentyurin and the Azerbaijani Energy Minister.

He noted that the south of Europe for the first time connects with the Caspian region, which means integration, development, strengthening of the energy security of the regions, countries around the 3,500-kilometer corridor.

"The transnational projects implemented within the framework of our country's energy policy serve energy security, stability, international cooperation and development, and the Southern Gas Corridor can be cited as an illustrative example," Shahbazov said.

In his speech, the minister also touched upon the issue of threats related to the attack on the Sangachal oil-gas terminal, the bombing of settlements located namely near the energy corridors going from Azerbaijan to Europe, repeated attempts to bomb the Baku-Tbilisi-Ceyhan, South Caucasian, Western Export Pipeline, the Baku-Novorossiysk oil pipeline, which is an important energy hub between Azerbaijan and Russia, as well as the largest thermal and water power plants in the region by Armenia.

The GECF ministerial round table has been held in two sessions. Along with delegates from such GECF member countries as Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, Venezuela, representatives from such observer countries as Azerbaijan, Iraq, Kazakhstan, Malaysia, Norway, Oman, Peru, and the UAE also take part in the event.

Following over a month of military action to liberate its territories from Armenian occupation, Azerbaijan has pushed Armenia to sign the surrender document. A joint statement on the matter was made by the Azerbaijani president, Armenia's PM, and the president of Russia.

A complete ceasefire and a cessation of all hostilities in the zone of the Nagorno-Karabakh conflict were introduced at 00:00 hours (Moscow time) on 10 November 2020.


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