Czech minister: Azerbaijan to play important role in Europe's new energy security

ECONOMICS  01 June 2023 - 11:50

Czech Republic’s Minister of Trade and Industry Jozef Sikela has said that Azerbaijan will play an important role in Europe's new energy security.

He made the remarks at the Baku Energy Forum, Report informs.

According to him, Azerbaijan is quite successful in energy issues and will take good advantage of it: "Energy resources of Azerbaijan will have their say".

The minister stressed that the Russian-Ukrainian war has completely changed the global energy market.

With the completion of the TAP (Trans-Adriatic Pipeline) construction on December 31, 2020, Azerbaijan began commercial gas supplies to Europe via the Southern Gas Corridor. The SGC is an initiative of the European Commission for a natural gas supply route from the Caspian and Middle Eastern regions to Europe. The route from Azerbaijan to Europe consists of the South Caucasus Pipeline, TANAP, and TAP.

Currently, the European market accounts for the largest share of daily gas exports from Azerbaijan. European consumers are supplied with about 27 million cubic metres of Azerbaijani gas per day.

Caliber.Az