Simson: EBRD might have a role to play in SGC midstream infrastructure upgrades

For midstream infrastructure upgrades, the European Bank for Reconstruction and Development might have a role to play when there will be a clear project on the table, Kadri Simson, European Commissioner for Energy, told an interview with Report.

According to her, this will also need to take into account commitments under the Paris Agreement and plans to address methane leakage: “In any case, investment decisions are for the project promoters to take, not for the European Commission.”

“Azeri natural gas supplies to the EU market reached 11.4 billion cubic meters in 2023, up from 8.1 in 2021, and we are both committed to increasing bilateral trade to 20 billion cubic meters per year by 2027, as set out in the 2022 Memorandum of Understanding on Energy,” Simson said.