Azerbaijani President to sign energy agreement with EU

Azerbaijani President Ilham Aliyev said that in the coming days Baku will sign a document in the field of energy security with the European Union.

According to “Interfax-Azerbaijan”Aliyev confirmed his intention to sign an agreement at a meeting following the results of the first half of the year:

“In the near future, an important document on energy security will be signed between the European Union and Azerbaijan, which will raise our cooperation to a higher level.”

The President of Azerbaijan recalled his repeated meetings and telephone conversations with Charles Michel, head of the European Council, and noted that the main topic of discussion was the normalization of Azerbaijani-Armenian relations.

Earlier, the media reported that the European Commission invited countries EU conclude an agreement with Azerbaijan to increase imports of natural gas and expand the pipeline. It is noted that until 2027, the European Union plans to import about 20 billion cubic meters of gas from Azerbaijan by the Southern Gas Corridor annually, “according to commercial feasibility and market demand.”

Previously, our publication reported on completion of the construction of the interconnector Greece-Bulgaria. Launched on Friday, July 8 by the two countries, it will allow receiving gas from the Azerbaijani Shah Deniz field and liquefied gas from various sources through Greek terminals.

This week in the EU intensified anxiety about possible further reductions in Russian gas supplies after the start of the scheduled repair of the Nord Stream gas pipeline, through which blue fuel is supplied to Germany. Gazprom said last Wednesday that it could not guarantee its operation.

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