Greece has solved all issues necessary for receiving Azerbaijani gas via the Southern Gas Corridor, said Nikos Kotzias, Greek foreign minister, at a meeting with Azerbaijani Energy Minister Natig Aliyev.
Aliyev, for his part, said the smooth implementation of the Southern Gas Corridor project is very important for the development of energy cooperation between Greece and Azerbaijan, the Energy Ministry of Azerbaijan said in a message Feb. 3.
“Some 50 percent of the work on the Shah Deniz 2 project has been completed,” added Aliyev. “Eight of 26 planned production wells have been drilled.”
“The implementation of projects on expansion of the South Caucasus Pipeline, TANAP’s construction and other work on Southern Gas Corridor are underway despite the drop in oil prices," Aliyev said.
He said the work on the project will not be suspended and the project will be completed on time.
Aliyev also said Greece’s support for Trans Adriatic Pipeline’s (TAP) construction is very important, because if the pipeline is not ready, Azerbaijani gas will not be supplied to Europe.
“Therefore, the timely implementation of the project will be effective for all sides,” he added
Kotzias, in his turn, praised TAP’s role in Europe’s energy security.
“Azerbaijani gas will be supplied to Europe via TAP in the nearest future,” added Kotzias.
He also expressed hope for rapid settlement of the issue concerning SOCAR’s deal to purchase a share in the Greek gas operator DESFA.
The parties also discussed the issues related to the holding of the second meeting of Advisory Board of the Southern Gas Corridor project in late February.
The Southern Gas Corridor project envisages the transportation of 10 billion cubic meters (bcm) of Azerbaijani gas from the Caspian region through Georgia and Turkey to Europe (with a possibility of increasing up to 20 bcm).
This large project is aimed at diversifying the routes and sources of energy supply, which will enhance energy security of Europe.
SOURCE
Aliyev, for his part, said the smooth implementation of the Southern Gas Corridor project is very important for the development of energy cooperation between Greece and Azerbaijan, the Energy Ministry of Azerbaijan said in a message Feb. 3.
“Some 50 percent of the work on the Shah Deniz 2 project has been completed,” added Aliyev. “Eight of 26 planned production wells have been drilled.”
“The implementation of projects on expansion of the South Caucasus Pipeline, TANAP’s construction and other work on Southern Gas Corridor are underway despite the drop in oil prices," Aliyev said.
He said the work on the project will not be suspended and the project will be completed on time.
Aliyev also said Greece’s support for Trans Adriatic Pipeline’s (TAP) construction is very important, because if the pipeline is not ready, Azerbaijani gas will not be supplied to Europe.
“Therefore, the timely implementation of the project will be effective for all sides,” he added
Kotzias, in his turn, praised TAP’s role in Europe’s energy security.
“Azerbaijani gas will be supplied to Europe via TAP in the nearest future,” added Kotzias.
He also expressed hope for rapid settlement of the issue concerning SOCAR’s deal to purchase a share in the Greek gas operator DESFA.
The parties also discussed the issues related to the holding of the second meeting of Advisory Board of the Southern Gas Corridor project in late February.
The Southern Gas Corridor project envisages the transportation of 10 billion cubic meters (bcm) of Azerbaijani gas from the Caspian region through Georgia and Turkey to Europe (with a possibility of increasing up to 20 bcm).
This large project is aimed at diversifying the routes and sources of energy supply, which will enhance energy security of Europe.
SOURCE
