Ilham Aliyev: Azerbaijan never aimed at competing with Russia in gas market of Europe

“Neither earlier nor now we set ourselves the task of competing with Russian gas in the European market. We have our place. We signed contracts with three European countries, namely with Italy, Greece and Bulgaria. In other European countries. There is also a demand, and we value it. ” This was announced in an interview with the Italian newspaper “Il Sole 24 Ore” by the president of Azerbaijan Ilham Aliyev.

“As you mentioned, there are other projects. For example, an ionic-adiatic pipeline stretching to the Balkan countries. Greece-Bolgaria interconnector will soon be launched, other interconnectors … We have a lot of work, such as establishing an active dialogue with potential consumers, negotiations with investors and interested parties both on production and distribution issues, as well as in price, ”said the President of Azerbaijan.

“Our confirmed reserves are 2.6 trillion cubic meters. We can potentially supply more than 20 billion cubic meters to Europe. But we need to understand that Europe is not the only market for us. We supply the same volumes to Turkey and Italy today – 10 billion cubic meters And demand in the Turkish market is growing. In addition, we supply Georgia’s gas, even if this is not such a large market, ”he said.