Rovnag Abdullayev: “EU and Azerbaijani interests in energy sphere coincide”

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“EU and Azerbaijani interests in energy sphere coincide and both sides can benefit from integration of relevant energy markets and thus, strengthen energy security”, said the President of State Oil Company of Azerbaijan Rovnag Abdullayev in his interview to Greek Imerissia newspaper.

 

According to him, EU and Azerbaijan face same problems in energy sphere: “Both sides think about diversification and security of energy supply, deepening reforms in energy market, development and modernization of energy infrastructures, energy productivity and savings, usage of renewable energy sources. Strengthening of cooperation between Azerbaijan and EU in energy sphere will enable necessary reforms. At the same time, it will strengthen investment environment, create condition for future investments”.

 

SOCAR President said that Azerbaijan has always prepared and is preparing itself to become global energy supplier: “As you know, SOCAR is currently working on oil and gas projects jointly with 25 global companies. I’d like to note among these projects Southern Gas Corridor which will transport Shahdeniz-2 gas to Europe. Significant part of $45 mln in this project, which includes South Caucasus, TANAP and TAP, was invested by SOCAR. This once again proves that we support EU energy security”.

 

Abdullayev once more noted that SOCAR is a reliable partner of Europe: “We really believe that energy supply diversification is one of significant issues in EU energy policy and SOCAR supports its European partners”.

 

Apa.az