Signing of gas cooperation document between the Republic of Azerbaijan and Serbia
| Against the backdrop of the Russia-Ukraine war, the interest of a number of EU countries in Azerbaijan’s energy resources is increasing, the stoppage of gas exports from Russia to the EU, especially as a result of the sanctions imposed against Moscow, has increased the demand for Azerbaijan’s gas. |
According to the international group Tasnim News Agency
, cooperation documents in the field of natural gas were signed between the Republic of Azerbaijan and Serbia. Parviz Shahbazov, Minister of Energy of Azerbaijan, shared this issue on his X (former Twitter) account.
Based on this information, a meeting between Parviz Shahbazov, Minister of Energy of Azerbaijan, and a delegation led by Dubravka Jedovic, Minister of Mines and Energy of Serbia, who is visiting Azerbaijan.
In the framework of this meeting, a memorandum of understanding between the Ministry of Energy of Azerbaijan and the Ministry of Mines and Energy of Serbia regarding the promotion of cooperation between “SOCAR” and “Serbiagaz” companies, as well as a gas sale agreement between SOCAR and Serbiagaz was concluded and signed.
Azerbaijan’s Minister of Energy announced: In the framework of our meeting with Serbia’s Minister of Mines and Energy Dubravka Jedovic, important strategic cooperation documents in the field of natural gas between Azerbaijan and Serbia, 400 million cubic meters per year Gas was signed. As a result of the supply of up to 100 cubic meters of gas, Serbia will become Azerbaijan’s new partner in diversifying the gas market in Europe, and the role of our country in energy security will become stronger.
Observers believe that in the background of the war between Russia and Ukraine, the interest of a number of European Union countries in Azerbaijan’s energy resources is increasing. They believe that the stoppage of gas exports from Russia to the European Union, especially as a result of the sanctions imposed against Moscow in the background of the war, has increased the demand for Azerbaijani gas.
Nateq Jafarli, an Azeri economist, says: The war between Russia and Ukraine has completely changed the issue and plan of energy supply in Europe for several years. After this war, of course, due to the energy demand of European countries, an urgent need for new energy sources was felt. Azerbaijan has even targeted the European market as an energy market for years. All infrastructure projects of Azerbaijan are aimed at Europe. After this war, of course, due to the energy demand of European countries, an urgent need for new energy sources was felt. Azerbaijan has even targeted the European market as an energy market for years. All infrastructure projects of Azerbaijan are aimed at Europe. Baku-Tbilisi-Ceyhan, Baku-Tbilisi-Erzurum, TANAP and TAP projects are intended to access European markets.
This expert He says: Azerbaijan has fulfilled most of its obligations in the field of energy. Azerbaijan currently sells 10 billion cubic meters of gas to the European market. It also sells about half a million barrels of oil. This is of little importance in overall European consumption. First, because Azerbaijan will deliver approximately 21 billion cubic meters of gas to Europe after 2027 in the TAP and TANAP projects. It means it increases twice. In addition, it is possible to transfer Kazakh oil to Europe through Azerbaijan. This process has already started and it is very important for Europe. Is. These countries are most dependent on Russian gas. Whether these countries are Balkan countries, Greece or Bulgaria, buying their gas from Azerbaijan reduces their dependence on Russia to zero.
He believes that Azerbaijan is a sustainable energy partner for the European Union.
Experts say that in the background of the war between Russia and Ukraine, the interest of a number of European Union countries in the energy resources of Azerbaijan gradually increased. They believe that the stoppage of this country’s gas exports to the European Union as a result of the sanctions imposed against Russia, especially in war conditions, has increased the demand for Azerbaijan’s gas.
On April 25 of this year, a memorandum of understanding was signed in Sofia between Bulgartransgaz (Bulgaria), Transgaz (Romania), FGSZ (Hungary) and Eustream (Slovakia) and the State Oil Company of the Azerbaijan Republic (SOCAR).
European Union’s bitter message to the Republic of Azerbaijan
| publisher | Tasnim News Agency |
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