Long-term gas contracts may be signed between Azerbaijan and European consumers, said Parviz Shahbazov, Minister of Energy of the Republic of Azerbaijan at the 11th Southern Gas Corridor Advisory Council Ministerial Meeting and the 3rd Green Energy Advisory Council Ministerial Meeting, APA-Economics reports.
According to him, the signing of the contracts will be the most important guarantee for the European Union.
The minister noted that the volume of gas exported from Azerbaijan to Europe has doubled, reaching 14 billion cubic meters.
"A long-term gas contract could be signed between Azerbaijan and European consumers. This will be the most important guarantee for the European Union. The expansion of the corridor will unequivocally increase Europe's energy strength, and with such coordinated and strong cooperation, Azerbaijan, the European Union, energy companies, regional participants, and financial suppliers – we will elevate the Southern Gas Corridor to a new level. We must work for this," Parviz Shahbazov emphasized.
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