BAKU, Azerbaijan, April 27. Greece and Azerbaijan can enhance their cooperation in energy supplies, Deputy Minister of Foreign Affairs for Economic Diplomacy of Greece Kostas Fragkogiannis said in an exclusive interview with Trend.
Fragkogiannis pointed out that Greece looks forward to cooperating with Azerbaijan in all fields of economic activity with a particular interest in the energy sector: Greece and Azerbaijan can enhance their cooperation in energy supplies and in several natural gas projects, as Greece is an important partner of the TAP project.
“Investment opportunities exist in various fields, such as new technologies, Renewable Energy Resources, natural gas, constructions and many others; investments could be achieved by expanding the existent business interaction between the Greek and the Azerbaijani business communities and forging new synergies,” said the deputy minister.
He pointed out that SOCAR is already playing an important role in the development of the Greek energy sector as it holds 20 percent of the shares of the TAP consortium.
“We believe that this constitutes a solid foundation for exploring further possibilities of the Azerbaijani involvement in the Greek energy landscape. This is especially true during these times of energy uncertainty. We are open to examine fruitful proposals which would be beneficial for both sides,” said Fragkogiannis.
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