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BAKU: European Commissioner: Azerbaijan Plays Key Role As Energy Pro

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  • BAKU: European Commissioner: Azerbaijan Plays Key Role As Energy Pro

    EUROPEAN COMMISSIONER: AZERBAIJAN PLAYS KEY ROLE AS ENERGY PRODUCER

    Trend
    April 7 2010
    Azerbaijan

    Azerbaijan plays a major role as a producer and transit country,
    European Commissioner for Enlargement and European Neighborhood Policy
    Stefan Fule said before his upcoming visit to Baku.

    The statement notes that energy is central to EU-Azerbaijan relations.

    "Europe offers an attractive market for producers looking to diversify
    their customer structure," he was quoted by the EU Baku Office as
    saying. "This provides a basis for constructive relations benefiting
    both Azerbaijan and Europe."

    The commissioner expressed hope for Azerbaijan's continued commitment
    to develop the Southern Corridor, which will facilitate gas transport
    from Azerbaijan and the wider region to Europe. European companies
    are prime investors in developing Azerbaijan's full hydrocarbon
    export potential.

    The Southern Corridor is a priority EU energy project. The project
    aims to diversify routes and supply sources, thus increasing EU energy
    security. The Nabucco gas pipeline, which is the main element of the
    Southern Corridor Project, aims to transport gas from the Caspian
    region and the Middle East to the EU. Azerbaijan is considered as a
    potential gas supplier for the project.
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