EBRD: Azerbaijan - important energy partner for Europe

Azerbaijan is an important energy partner for Europe and plays a pivotal role in bringing Caspian energy resources to the European market, EBRD Regional Director Catarina Bjorlin Hansen told Report.

"Today, Baku’s role as a reliable energy partner is particularly important. Current geopolitical environment and recent global surge in gas prices have highlighted the urgent need for reliable and diverse access to energy supplies," she said.

Hansen said many view Azerbaijan as a partner with a strong potential to provide access to secure and affordable supplies of energy.

"Therefore, talks can be expected, but the increase of gas supply is ultimately dependent on the capacity of the existing energy infrastructure, something that my Azerbaijani colleagues are better placed to comment on," she said.

The full text of the interview is available here.