A session dedicated to the results of the feasibility study for the project was organized as part of the Caspian-Black Sea-Europe Green Energy Corridor Forum held in Baku, the Ministry of Energy told APA-Economics.
During the session, the main results of the study conducted by the international engineering and consulting company CESI on the technical and economic feasibility of the project were presented.
According to the information, the company's Director of Global Markets and Business Development Andrea Meola and Senior Energy Advisor Filippo Del Grosso provided information on the project's technical parameters, economic indicators, and implementation opportunities.
It was noted that the completion of the feasibility study for the project, which covers Azerbaijan, Georgia, Romania, and Hungary, marks an important milestone in its development. The results of the study provide a basis for shaping the project's commercial structure, assessing financing opportunities, and preparing for the final investment decision.