10:37 24 April
10:34 24 April

President Ilham Aliyev: “Azerbaijan has more than 2 trillion cubic meters proven gas reserves”

Brussels. Fuad Gulubeyli - APA. Azerbaijani President Ilham Aliyev has today met President of the European Commission José Manuel Barroso in Brussels.

APA’s correspondent reports from Brussels that assessing the outcomes of the negotiations, José Manuel Barroso said the meeting was held in “a very open, constructive and friendly atmosphere".

The sides discussed energy issues and the realization of the Southern Gas Corridor. "Azerbaijan is an important partner for the European Union" - said Jose Manuel Barroso.

He said Azerbaijani President once again confirmed that his country would select the project on the gas supply to Europe next week: “This is a commercial decision for Shah Deniz consortium, but I would like to note that both routes are of strategic importance in terms of diversification of energy routes to Europe. The realization of the project on transportation of Azerbaijani gas is profitable for both sides. The project will deliver 10 billion cubic meters of gas to Europe by 2019. We are not going to stop. The Southern Corridor will be able to meet more than 10 % of Europe's gas demand and will serve the energy security, stability and creation of new jobs.”

Jose Manuel Barroso said that they exchanged views on Azerbaijan’s chairmanship over the Committee of Ministers of the Council of Europe next year, upcoming presidential elections and the situation in the South Caucasus region.
Barroso said they support fair solution of Nagorno Karabakh conflict basing on the international legal norms, noted that the European Union supports the efforts of OSCE Minsk Group.

President Ilham Aliyev stated that Azerbaijan is interested in the soonest solution of Nagorno Karabakh conflict.
“As a result of this conflict, Azerbaijan’s territories are still under occupation,” he said.

Speaking about Azerbaijan-EU cooperation, President said energy cooperation is a part of these relations. He mentioned the Joint Declaration on the development of Southern Gas Corridor signed earlier with the European Commission President José Manuel Barroso.

“I hope the volume of the Azerbaijani gas delivered to Europe will not be restricted to two projects on Shah Deniz. Azerbaijan has more than 2 trillion cubic meters proven natural gas reserves and Europe will become the major market for Azerbaijan’s gas,” he said.

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/ 24 April, 2018