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We have the EU-Azerbaijan gas deal: we will double imports by 2027

About the agreement expected to be reached this morning We have already written Herald, and since then appeared the European Commission Advertising which highlights that European Commission President Ursula von der Leyen (left in the cover photo) and Azerbaijani President Ilham Aliyev (right) are today Signing a new memorandum of understanding on the strategic partnership in the field of energy.

The statement said that this will enable the strengthening of cooperation in many areas, including economic diversification, investment and trade, and the full exploitation of the potential of civil society, while emphasizing the importance of human rights and the rule of law.

Signed by the two presidents today, A new memorandum of understanding on the strategic partnership to be established in the field of energy It contains a commitment to double the capacity of the Southern Gas Corridor to deliver at least 20 billion cubic meters of gas to the European Union annually by 2027. This will contribute to the diversification goals of the REPowerEU plan and help Europe end its dependence on Russian gas.

On the basis of strengthening energy cooperation Azerbaijan is already increasing shipments of natural gas to the European Union, From 8.1 billion cubic meters in 2021 to a projected 12 billion cubic meters in 2022. The goal is that this increased supply from Azerbaijan will also help with the current winter gas supply situation in Europe, Ursula von der Leyen said on the day. In his Twitter message Also referred to.

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Cover image source: Ursula von der Leyen’s Twitter account

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