In July of this year, Baku signed a memorandum of understanding about a double increase in gas supplies with the European Commission and there is potential here, President Ilham Aliyev said at the International Conference “Along the Middle Corridor: Geopolitics, Security and Economics” at the University of Ada.
The head of state emphasized that the new gas deposits that will be commissioned in the coming years are serious reforms in the SOCAR energy company, the new corporate management, transparency and efficiency will allow Azerbaijan to supply additional gas volumes.