SEARCH MENU
Caspian Energy Journal Caspian European Club
Thursday, 21 February 2019 11:00

Southern Gas Corridor is the project of energy security, Ilham Aliyev

Southern Gas Corridor is the project of energy security, Ilham Aliyev

“Azerbaijan and the European Commission are the co-organizers of the Southern Gas Corridor Advisory Council, and our close cooperation gives good results,” President of the Republic of Azerbaijan Ilham Aliyev said at the Fifth Ministerial Meeting of the Southern Gas Corridor Advisory Council, Caspian Energy News (www.caspianenergy.net) reports with reference to the press office of the President of the Republic of Azerbaijan.

“The Southern Gas Corridor is a mutually significant project reflecting our common interests. This is an integral part of the energy strategy of Azerbaijan, the foundation of which was laid in 1994. If we look at the chronology of our energy industry, we will see that we gradually achieved our goal, which was to diversify the transportation of energy resources and create modern infrastructure for this. From this point of view, the commissioning of the Baku-Supsa oil pipeline connecting the Caspian and Black Seas in the late 1990s was instrumental for transportation and diversification of energy resources. It followed the commissioning of the Baku-Tbilisi-Ceyhan oil pipeline in 2006. It was a historic event. Thanks to this giant project, companies were able to invest more and produce more oil. We increased exports as much as possible, and today oil is transported via the Baku-Tbilisi-Ceyhan pipeline to other countries” the head of state said.

According to Ilham Aliyev, Azerbaijan is an important transit country in terms of transportation of oil resources, and its role in the region, of course, is increasing.

“The Baku-Tbilisi-Erzurum gas pipeline was commissioned in 2007, and for the first time Azerbaijan became a country transporting natural gas to international markets. Before that, we used to import natural gas. It followed the official opening of the Southern Gas Corridor in May and the inauguration of TANAP in June. These were the important events in terms of operation of the Shah Deniz field and the implementation of the Southern Gas Corridor. Today we are close to completing this giant energy project. The three of its four elements are ready and operational”, Ilham Aliyev said.

According to Ilham Aliyev, energy cooperation projects are instrumental for cooperation in other sectors.

More details: https://ru.president.az/articles/31920

Person in charge of the newsline: Olga Nagiyeva 

 

Read 518 times
POWERED BY ZEYNURBABAYEV