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Green Energy Agreement to become our common contribution to Europe's energy security – President Ilham Aliyev

Politics Materials 17 December 2022 12:49 (UTC +04:00)
Green Energy Agreement to become our common contribution to Europe's energy security – President Ilham Aliyev

BAKU, Azerbaijan, December 17. The Green Energy Agreement will be our common contribution to Europe's energy security, President of Azerbaijan Ilham Aliyev said at the plenary meeting on the signing ceremony of the “Agreement on a strategic partnership in the field of green energy development and transmission between the Governments of the Republic of Azerbaijan, Georgia, Romania and Hungary” in Bucharest on December 17, Trend reports.

“The implementation of the agreement on strategic partnership in the field of green energy development and transmission, which will be signed today, will be our common contribution to Europe's energy security. This agreement is an important step in creation of a green energy corridor.

I'd like to express a special gratitude to the President of the European Commission, Madame Ursula von der Leyen for her continuous support to Azerbaijan in the projects of energy security and energy diversification.

This July, during the visit of Madame von der Leyen to Azerbaijan, we signed the memorandum of understanding on strategic partnership in the field of energy between Azerbaijan and EU, and we already started to implement this document. Last year Azerbaijan's export of natural gas to European Union market was 8.2 billion cubic meters, this year 11.3. Next year it will be at least 11.6. Total export of natural gas from Azerbaijan next year will be almost 24 billion cubic meters. In comparison in the year of 2021, it was 19.

Yesterday SOCAR and Romgaz signed a contract on gas supply from Azerbaijan to Romania starting from 1st January next year. So, Azerbaijan is expanding the geography of its gas supplies to European market. This is a win-win situation. Europe needs to strengthen its energy security. Azerbaijan needs reliable market for its huge energy resources,” President Ilham Aliyev said.

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