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Serbia, Azerbaijan have a lot of room for co-op in energy, says deputy PM (Exclusive)

Oil&Gas Materials 15 June 2021 09:32 (UTC +04:00)

BAKU, Azerbaijan, June 15

By Leman Zeynalova – Trend:

There is a lot of room for cooperation between Serbia and Azerbaijan in the field of energy to intensify and be raised to a higher level in the coming period, Serbian Deputy Prime Minister and Minister of Mining and Energy, prof. Dr Zorana Mihajlović told Trend.

“Serbia and Azerbaijan are strategic partners countries, and our economic cooperation over the previous years has been particularly marked by successfully implemented projects in the field of transport infrastructure.

We would like to have equally good cooperation in the field of energy, as there is a common interest of the two countries for that. I will remind you that these two countries signed the Memorandum of Understanding in this area in 2011,” she said.

Mihajlović noted that Serbia seeks to diversify its sources of gas supply, and is interested in the possibility of supplying natural gas from Azerbaijan.

“This year, Serbia will start the construction of the Serbia-Bulgaria gas interconnection, which should become operational in 2023. With this interconnection, we will be able to connect with other potential suppliers, including gas pipelines on the Southern Gas Corridor – TANAP and TAP. To that end, there is a lot of room for cooperation between the two countries in the field of energy to intensify and be raised to a higher level in the coming period.

In addition to opportunities for cooperation and connections in the gas sector, this year Serbia has innovated its legal framework in the energy sector, with a particular emphasis on green energy and energy efficiency. We are convinced that modern legal solutions in this area will contribute to greater interest and volume of investments in the energy sector,” added the deputy PM.

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Follow the author on Twitter: @Lyaman_Zeyn

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