The Memorandum of Understanding (MoU) signed today, when implemented, will definitely strengthen energy security in Europe and allow Azerbaijan to export more gas to many more European countries, the President of the Republic of Azerbaijan, Ilham Aliyev, said at the signing ceremony of the MoU for encouraging cooperation between Bulgartransgaz (Bulgaria), Transgaz (Romania), FGSZ (Hungary), Eustream (Slovakia) and the State Oil Company of the Azerbaijan Republic (SOCAR) held in Sofia, Report informs.
"Azerbaijan is a reliable partner of Europe, I would say not only in the area of energy but in many other areas," the head of state noted.