Bank Of Baku

Gunther Oettinger: “Anyway Azerbaijan is a key country in the realization of this project”

Gunther Oettinger: “Anyway Azerbaijan is a key country in the realization of this project”
# 08 June 2011 08:39 (UTC +04:00)
Baku. Victoria Dementieva – APA. “We are waiting for Azerbaijan’s decision on participation in “Nabucco” project which will be passed at the end of October. It is a historical decision and Azerbaijan needs time for making this decision. In our turn, we will continue the political dialog till the adoption of decision. I am sure that we will get the relevant decisions of all participators of the project till the end of the month”, said European Union’s Commissioner for Energy Gunther Oettinger at the press conference in Baku, APA reports.

He noted the continuation of negotiations for realization of “Nabucco” project with potential supplier and transit countries: “Shahdeniz” consortium will adopt decision in October. Besides we will continue the negotiations with the other partners. We will leave for Turkey and sign transit agreement with “Botaş” and other companies. We will also try to increase the amount of natural gas which will be transported via this pipeline. Now we are continuing the negotiations with Turkmenistan as well as we are interested in purchasing gas from Iraq for the realization of Nabucco project. We are continuing contacts with new government in Baghdad for transportation of Iraqi gas to Europe via Turkey”.

Energy Commisioner said that anyway Azerbaijan is a key country in the realization of this project: “Azerbaijan has great gas reserves and at the same time the country’s geopolitical situations has a great importance for the realization of regional energy projects. Europe has been showing interest to Azerbaijan as an energy country since 1866. Azerbaijan has a decisive role as both producer and transit country. It is high time to deepen this cooperation”.

Oettinger congratulated Azerbaijan on the victory in Eurovision-2011 contest: “Europe with 500 mln population increases its interest to Azerbaijan. Next year Azerbaijan will be Europe’s musical capital”.


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