Azerbaijan in the coming years will increase gas exports to Europe at least twice, said Azerbaijani President Ilham Aliyev.
“Recently, a memorandum of strategic partnership in the field of energy was signed between the EU and Azerbaijan. According to this memorandum, in the coming years we will increase gas exports to Europe at least twice, and this is possible,” Aliyev said to a joint press conference with President of Bulgaria Rumen Radeva.
noting that the confirmed reserves of gas of Azerbaijan are 2.6 trillion cubic meters, the head of state said: “The new and diversified infrastructure of gas transportation allows us to provide us with natural gas many countries. Of course, the successes achieved in this area are an excellent basis for us for this area and for Further plans “.
Ilham Aliyev also announced negotiations on the opening of the SOCAR office in Bulgaria: “We should not consider our work in the energy sector completed by the only export of natural gas. We discussed other issues related to energy. Electricity exports and mutually beneficial cooperation were discussed. This area, the transportation of raw oil in the Bulgarian direction, the possible participation of SOCAR in updating the energy infrastructure in Bulgaria and other questions. In a word, it is time to open the SOCAR office in Bulgaria, I am sure that in the near future we will do this, ”the President of Azerbaijan emphasized.