Tag Archives: Southern Gas Corridor

In September 2023, Greece imported 157.3 million cubic metres of natural gas from Azerbaijan, and in August, this indicator was 162.8 million cubic metres, Azernews reports, citing Eurosat, the Statistical Office of the European Union. This means a 3.4 percent decrease in the volume of imports compared to the previous month. In …

Foreign Minister Jeyhun Bayramov has said that Azerbaijan hails Spain’s growing interest in the Southern Gas Corridor project, Azernews reports. Bayramov made the remarks in an interview with EFE Comunicación, Spain’s leading information agency as part of his official visit to the country. “Azerbaijan has been a long-time, reliable partner …

Azerbaijan and Europe have discussed plans to expand the Southern Gas Corridor, Azernews reports. The discussion proceeded during a meeting between Azerbaijan’s Energy Minister Parviz Shahbazov with the delegation led by European Parliament’s Committee on Foreign Affairs Chair David McAllister, who is on a visit to Azerbaijan. During the meeting, …

Expansion of Southern Gas Corridor He noted that the Southern Gas Corridor is really important for Greece. “Greece is the gateway of the Southern Gas Corridor in Europe and a major goal of our international relations in the field of energy is to extend the benefits of diversified sources and …

The current global situation has demonstrated to everyone that diversifying transportation routes and gas supplies is critical in the face of rising geopolitical conflict and tension. An unexpected cold spell in Europe has put the continent’s countries in a difficult position. Because their gas storage facilities were nearing capacity, the …

The expansion of the Southern Gas Corridor linking Azerbaijan with several EU member states is vital to a strategy that sees gas playing an important role in the transition to net zero carbon emissions, Trend reports with reference to an article of the EU Reporter. According to the author of the article, …

Independent Azerbaijan’s oil and gas path can be traced back to the signing of the Contract of the Century in September 1994, when national leader Heydar Aliyev defined the oil strategy that would serve as the foundation for further political and economic reforms. Azerbaijan has come a long way since …

The 8th ministerial meeting of the Southern Gas Corridor Advisory Council, held in Baku on February 4, reaffirmed the strategic energy partnership between Azerbaijan and the European Union based on shared goals on long-term energy security, security of supply and the green energy transition. The remark was made in a press …

Since the start of the year, wholesale gas prices in Europe have risen by 250 percent. The record-high prices in Europe are driven by increased demand (due to the wider economic recovery and weather-related factors), competition with Asia for LNG, and a limited supply response from Gazprom, Europe’s largest supplier, …

Southern Gas Corridor, the European Commission’s project to take Caspian Sea gas to Europe, was officially completed last month, securing Azerbaijan’s position as a reliable energy provider to Western countries. The Southern Gas Corridor is expected to strengthen regional stability, as well as economic, political and geostrategic cooperation. The project …