Azerbaijan to enhance its role in forming energy corridors

  29 August 2016    Read: 1278
Azerbaijan to enhance its role in forming energy corridors
The Southern Gas Corridor (SGC) project will enhance Azerbaijan’s role in forming eastern and western energy corridors, said the country’s Deputy Energy Minister Natig Abbasov.
Abbasov made the remarks Aug. 29 at the 2016 Eurasian Conference of the International Association for Energy Economics (IAEE) in Baku.

Despite the decline in oil prices, Azerbaijan continues to implement big transnational projects, said the deputy minister.

As a country located at the intersection of Europe and Asia, Azerbaijan has exceptional opportunities for transportation of energy resources, he noted adding that the SGC is one of the biggest infrastructure and energy projects of Europe.

“As an energy security project, the SGC will bring benefit to all of us – producers, transit countries and consumers – for years to come,” added Abbasov.

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