Azerbaijan and Turkey to form Eurasian Energy Union covering 18 countries

Azerbaijan and Turkey to form Eurasian Energy Union covering 18 countries
# 28 January 2015 07:30 (UTC +04:00)

APA-Economics reports quoting Yeni Safak newspaper of Turkey that the centre of the Union will be Istanbul.

The Union to cover 18 countries will be headed by Turkey and Azerbaijan.

The Chairman of the International Association for Energy Economics Union (IAEE), Gürkan KumbaroÄŸlu, announced that the Turkey and Azerbaijan led energy projects are turning the region into an energy hub.

The heads of the IAEE and Azerbaijan's state-owned oil and natural gas company SOCAR held a meeting in Istanbul and announced that they have agreed in principle about regional energy structuring.

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