The Southern Gas Corridor is the most important route for diversifying gas supplies to the EU and neighboring countries, Report informs referring to the Euronews article.
The publication notes that at the tenth meeting of the Southern Gas Corridor Advisory Council and the second meeting of the Green Energy Advisory Council, the issue of expanding this corridor was raised.
“Azerbaijan is a country with large oil and natural gas resources, last year increasing its gas exports by 9% taking it up to 22 billion cubic meters. Currently, the main buyers in Europe include Italy, Greece, Romania, Hungary and Bulgaria and this list looks like it could be set to extend,” reads the article.
“There are many, new, partner countries who are willing to receive even additional volumes of natural gas, despite the fact that we are transitioning away from fossil fuels. But, this takes some decades. Now we want to establish also the future-proof cooperation,” said Kadri Simson, European Commissioner for Energy.
One way that Azerbaijan is looking to get behind this change is via wind farms in the Caspian Sea.