The development of interconnectivity between countries ensures stability and energy independence, Georgia’s Deputy Minister of Economy and Sustainable Development Inga Pkhaladze said in a comment to APA-Economics on the sidelines of the 31st Baku Energy Forum.
“Because diversification of energy sources and routes enables countries both to ensure their own energy security and to contribute to regional prosperity,” Inga Pkhaladze noted.
According to her, broader challenges such as ensuring national energy independence and energy security can be effectively addressed in today's interconnected world only through cooperation, partnership, and coordinated regional efforts among countries.
“We already see that strategic transit and connectivity initiatives are taking regional cooperation to a new level. Projects such as the Southern Gas Corridor, the Middle Corridor, regional electricity interconnections, and the emerging Green Energy Corridor demonstrate that strategic infrastructure initiatives strengthen diversification, expand market access, and deepen interregional cooperation,” the deputy minister emphasized.
She added that Azerbaijan and Georgia are currently jointly developing the Green Energy Corridor project. The project envisages the creation of an electricity cable route to be laid under the Black Sea. The line will connect Azerbaijan, Georgia, Romania, and Hungary.