Shahbazov: Joint energy projects turn Turkey and Azerbaijan to an important hub

Minister of Energy of Azerbaijan Pyarkviz Shakhbazov took part in the IV Summit for Energy and Natural Resources organized by Turkuvaz Media Group and conducted with the support of the Ministry of Energy and Natural Resources of Turkey.

As reported by Haqqın.az in the press service of the Ministry of Energy, the minister performed at an event organized under the motto “Energy of Turkey – a new look at the energy sector after a pandemic.”

He indicated that such projects like Baku-Tbilisi-Ceyhan, Baku-Tbilisi-Erzurum, Tanap, South Gas Corridor provide energy security of Azerbaijan and Turkey, as well as other countries: “Until now on the Baku-Tbilisi pipeline – Jayhan in Turkish and world markets transported more than 437 million tons of only Azerbaijani oil. In gas pipelines, 81.7 billion cubic meters of natural gas from the Shah Deniz field were pumped. From July 2018, 10.6 billion cubic meters of natural was supplied to Turkey. Gas. And for 5 months of this year, from 4.1 billion cubic meters of gas supplied to Turkey, 2.2 billion cubic meters had pumped by Tanap. During this period, 2.3 billion cubic meters of gas were exported through TAP to Europe. Joint energy projects turn Both countries in an important world energy hub. “

The Minister noted the participation of SOCAR in the project integration of oil refining, petrochemistry, energy and logistics in Turkey, as well as in the distribution of natural gas: “Investments in Azerbaijan to Turkey increased to 18.3 billion US dollars, and Turkey’s investment in Azerbaijan to 13 billion dollars. “

The speech also mentioned the planned projects in the energy sector, including cooperation in the field of renewable energy sources. “The liberated areas were announced by the President of the Country Zone” Green Energy “by the country, where renewable energy sources will be used – water, sun and wind. Turkish companies are also interested in participating in renewable energy projects on liberated territories. In particular, there is a possibility of cooperation in projects Building wind power plants in Lachin and Kelbajar. Collaboration with Turkish companies in the process of turning Karabakh to the “green energy” zone can be not only attractive, but also a symbol of our solidarity. “

The Minister also added that the possibilities created by the restoration of our territorial integrity will ensure the development of our rising relationship relations and will close our countries to strategic goals, including the energy transition process. Today, the emergence of new realities, the transformation of Turkish-Azerbaijani unity into a decisive factor in the region is the celebration of confidence, fraternity, clear views on the future of the leaders of the two countries – Ilham Aliyev and Recep Taiet Erdogan.