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Vitaly Baylarbayov: â€œAzerbaijani gas maybe transported to France tooâ€

09 June 2011 12:32 (UTC +04:00)

This includes the gas produced both in the ShahDaniz-2 project, and in the other deposits located in the country, as well as the transit gas from Turkmenistan and Kazakhstan. To bring the transportation system into compliance with these volumes requires $40 bn, SOCAR’s deputy vice president for investment and marketing Vitaly Baylarbayov said.

To him, gas export on Shahdaniz-2 project will be started from 2017: â€œThe total cost of Shahdaniz-2 is $40 bn. It’s about bringing the country’s gas transport system in line with those volumes. Therefore, Europe’s attention to this project is very importantâ€.

According to words of Baylarbayov, 70% of the consumed energy in Europe is provided by import, and this indicator will show 85% in 2013.

Touching upon transportation opportunities of Azerbaijani gas to Europe, Baylarbayov said that including Italy and Greece, Azerbaijan could export its gas to many European countries.