"At the same time, as I said, the demand for our energy is growing abroad. Electricity exports to our four neighboring countries are growing – Turkey, Russia, Georgia and Iran. As I mentioned, we have exported 1.6 billion kilowatt-hours of electricity," said President Ilham Aliyev as he was interviewed by AZERTAC following the inauguration of “Gobu” Energy Junction, APA reports.
"Today, our oil, gas and electricity exports contribute to the energy security of Azerbaijan, neighboring and even European countries. Azerbaijan is one of a handful of countries that exports crude oil, natural gas, petrochemicals, oil products and electricity to all neighboring countries.
Of course, these are the achievements of recent years. We all remember that in the first years of our independence we did not have enough energy. The stations existing at the time were in disrepair and we did not have the money to build new ones. Azerbaijan imported electricity from Russia. There was a shortage of natural gas, there was no gas at all in the regions, and oil production had fallen sharply. Today, Azerbaijan is one of the world's leading countries in terms of development of all these energy components," noted the President.
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