Azerbaijan and Serbia sign agreement on energy cooperation 

Azerbaijan and Serbia have signed an agreement on energy cooperation, Report informs, citing foreign media sources.

The agreement was signed within the Baku Energy Week. Serbian Deputy PM and Minister of Energy and Mining Zorana Mihajlovic said that Serbia's cooperation with Azerbaijan, in particular in the gas sector and energy transition, will help to advance overall ties between the two countries.

Mihajlovic, who met with her Azerbaijani counterpart Parviz Shabhazov and President Ilham Aliyev in Baku earlier in the day, said the good bilateral political ties would help to advance the cooperation in the energy sector further.

"I am glad the cooperation is based on the friendship between the two presidents and the friendly relationship between our peoples. The conversation with President Aliyev is particularly important, as is the signing of the agreement, and I am certain it is just the first step to all future agreements and contracts," Mihajlovic said.

"The good political relations are accompanied by good economic cooperation, in particular in terms of transport infrastructure, but there is room to take the cooperation to a higher level, especially in the energy sector, and the agreement will boost the cooperation further, in particular in the gas sector, as the Southern Gas Corridor is important for supplying entire Europe and for diversification of supply routes and suppliers".

According to her, Serbia has begun the construction of a gas interconnection with Bulgaria, which will be completed next year and enable Serbia to also get gas from Azerbaijan.

Latest news

Price of Azerbaijani oil exceeds $76 23 November, 2024 / 11:03