The "Agreement on Strategic Partnership in the Field of Clean Energy between the Governments of the Republic of Azerbaijan, the Republic of Bulgaria, Georgia and the Republic of Türkiye" was signed in Antalya as part of COP31, the Ministry of Energy said, APA-Economics reports.
The document was signed by Azerbaijan's Minister of Energy Parviz Shahbazov, Türkiye's Minister of Energy and Natural Resources Alparslan Bayraktar, Georgia's Deputy Prime Minister and Minister of Economy and Sustainable Development Mariam Kvrivishvili, and Bulgaria's Minister of Energy Iva Petrova.
The agreement aims to develop the Azerbaijan-Georgia-Türkiye-Bulgaria green energy corridor, strengthen regional energy connectivity and diversify transmission routes. The document envisages cooperation in the transmission and supply of clean electricity, the establishment of necessary conditions for safe and uninterrupted transmission, as well as the improvement of fiber-optic communications within the project.
This initiative will contribute to the export of electricity generated from Azerbaijan's renewable energy sources to Turkish and European markets, strengthen the energy security of partner countries and help transform Azerbaijan into an interregional electricity hub.
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An Agreement on Strategic Partnership in the Field of Clean Energy has been signed between Azerbaijan, Türkiye, Georgia and Bulgaria as part of COP31 held in Antalya, APA's Türkiye bureau reports.
The document was signed by Azerbaijan's Minister of Energy Parviz Shahbazov, Türkiye's Minister of Energy and Natural Resources Alparslan Bayraktar, Georgia's Deputy Prime Minister and Minister of Economy and Sustainable Development Mariam Kvrivishvili, and Bulgaria's Minister of Energy Iva Petrova.
The agreement envisages the development of the Azerbaijan-Georgia-Türkiye-Bulgaria green energy corridor, the strengthening of regional energy connectivity and the diversification of electricity transmission routes.
Under the agreement, the parties will cooperate in the transmission and supply of clean electricity, determine the necessary conditions for safe and uninterrupted energy transmission, and work to improve fiber-optic communications within the project.
The agreement aims to contribute to the export of electricity generated from Azerbaijan's renewable energy sources to Turkish and European markets, strengthen the energy security of partner countries and transform Azerbaijan into an interregional electricity hub.
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