SGC supplied more than 31 billion cubic meters of natural gas to Europe over three years - minister

SGC supplied more than 31 billion cubic meters of natural gas to Europe over three years - minister The Minister of Energy, Parviz Shahbazov, met with the Special Assistant to the US President and Senior Director for Climate and Energy, Sarah Ladislaw, Report informs.
Energy
February 21, 2024 10:40
SGC supplied more than 31 billion cubic meters of natural gas to Europe over three years - minister

Azerbaijan's Energy Minister Parviz Shahbazov met at the White House with Sarah Ladislaw, Special Assistant to the President and Senior Director for Climate and Energy, Report informs, citing the ministry.

During the meeting, the sides talked about the importance of long-term cooperation in the implementation of energy security projects of regional and international importance in Azerbaijani-US relations and the role of the Southern Gas Corridor (SGC) during the complex energy crisis. It was noted that over three years, the Southern Gas Corridor supplied Europe with more than 31 bcm of natural gas. At present, the expansion of the corridor and increasing supplies to Europe are being carried out thanks to Azerbaijan`s efforts. It was also noted that Azerbaijan's rich renewable energy potential is aimed at the country's energy transition and diversification of European energy supplies. In this regard, the Caspian-Black Sea-Europe Green Energy Corridor project was discussed, and the work done was brought to attention. It was noted that the President of the Republic of Azerbaijan, Ilham Aliyev, has strong support for the development of “green energy.”. Azerbaijan's chairmanship of COP29 reflects its commitment to green energy, the climate agenda, and decarbonization plans.

During the meeting, the sides exchanged views on Azerbaijan's energy transition at the national and global level, possible contributions to the climate financing process, policies and plans to reduce methane emissions during COP29 hosting. It was agreed to conduct a dialogue of cooperation between Azerbaijan and the United States in order to reconcile energy security and climate goals.

10:27

The Minister of Energy, Parviz Shahbazov, met with the Special Assistant to the US President and Senior Director for Climate and Energy, Sarah Ladislaw, Report informs.

“We discussed the development of the SGC, the increase of gas supplies to Europe, the Green Energy export, and the reduction of methane emissions in the meeting,” Shahbazov wrote on X.

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