Bank Of Baku

Shmyhal: Azerbaijani gas can reach energy-deficient regions of Europe

Ukraine

© APA | Ukraine's Energy Minister Denys Shmyhal

# 01 June 2026 15:05 (UTC +04:00)

Azerbaijani gas can reach energy-deficient regions of Europe, Ukraine's Energy Minister Denys Shmyhal stated during the ministerial-level plenary session held within the framework of the 31st Baku Energy Forum, APA-Economics reports.

He noted that the diversification of energy sources and supply routes is currently of particular importance and that there are broad opportunities for cooperation between Ukraine and Azerbaijan in this area.

According to the minister, Ukraine has already become part of Europe's new gas map, including through the Trans-Balkan route.

“Through this route, Caspian gas can reach regions of Europe experiencing energy shortages. The first test supplies of Azerbaijani gas through this corridor demonstrate that this idea is already becoming a reality,” Shmyhal said.

He added that Ukraine possesses Europe’s largest underground gas storage facilities, with a capacity of approximately 30 billion cubic meters, and that these facilities could become part of a new energy supply architecture.

According to the minister, as a result of such cooperation, Azerbaijan will strengthen its position as a reliable energy supplier, Ukraine will reinforce its role as a key transit and service hub, and Europe will gain stable alternative energy sources.

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