Tokyo, 2 September, /AJMEDIA/
The memorandum signed between Azerbaijan and the EU is a roadmap for the future, President of Azerbaijan Ilham Aliyev said, while delivering a report on “Azerbaijan’s role in ensuring energy security” at the plenary session of the 48th International Cernobbio Forum, AJMEDIA reports.
“Last month in Baku, Madam Ursula von der Leyen, President of the European Commission and myself signed a Memorandum of Understanding on strategic partnership in the energy field between the European Commission and Azerbaijan. This is a very important step towards further development of our energy resources and based on that, I called it a roadmap for the future, we will plan, and I am sure we will achieve it, to double our energy – natural gas export to Europe. But for that we need to undertake important steps – political decisions, technical steps and, of course, investments, because the capacity of the Southern Gas Corridor in different segments is different. TANAP has capacity of 16 billion cubic meters. We plan to expand it up to 32 billion cubic meters and TAP has a capacity of 10 billion cubic meters and it is almost full, so we need to expand it at least to 20. That will need, of course, additional financial contribution,” the head of state said.
