Germany hopes Azerbaijan will increase energy exports

Germany hopes that Azerbaijan will be able to increase energy exports in the coming years, German Ambassador to Azerbaijan Ralf Horlemann said in an interview with Report.

“Since Russia launched its war against Ukraine and started to use energy as a weapon, Europe had to reorient and diversify its energy imports. In that respect Azerbaijan has already started to play an important role. Since 2020, Azerbaijan has been exporting gas to the European market through the Southern Gas Corridor (SGC). There’s a huge potential to increase these exports. In this respect, a memorandum of understanding between the European Union (EU) and Azerbaijan has been signed,” the ambassador said.

“We hope that Azerbaijan can increase its energy exports in the coming years, not only in the field of oil and gas but also regarding renewable energy sources. This is important not only from the German point of view but also generally speaking for Europe as a whole because Europe has started to decarbonize its economy.”

Full interview is available here.