EU, Azerbaijan Strike Deal to Double Gas Exports
The European Commission, on Monday, signed a deal with Azerbaijan doubling imports of natural gas by 2027.
The deal comes after European Commission President Ursula von der Leyen visited Baku in an attempt to reduce the European Union’s reliance on Russian energy.
According to a document seen by Reuters, the deal between Baku and the EU will increase gas flow into the bloc through the Southern Gas Corridor pipeline.
Azerbaijan started exporting natural gas to Europe via the Trans Adriatic Pipeline at the end of 2020. The pipeline transported 8 billion cubic meters of gas to the EU in 2021.
If you found a typo you can notify us by selecting the text area and pressing CTRL+Enter
Videos
Photos
Write a comment