On November 12, President of the Republic of Azerbaijan Ilham Aliyev participated in a roundtable discussion entitled “Building a Competitive Europe – Innovation, Connectivity and Affordable Energy” as part of the 9th European Political Community Summit in Dublin, APA's correspondent dispatched to Dublin reports.
Speaking at the event, President Ilham Aliyev said that the role of alternative energy would increase further in the future. Touching upon Azerbaijan’s role in ensuring Europe’s energy security, the head of state referred to the Memorandum of Understanding on a Strategic Partnership in the Field of Energy signed between Azerbaijan and the European Union in 2022. He noted that since then, Azerbaijan had increased gas supplies to the European Union from 8 billion cubic meters to 13 billion cubic meters. The head of state said that this accounted for nearly half of Azerbaijan’s exports. President Ilham Aliyev added that Azerbaijan planned to increase gas supplies further, noting that new fields had been discovered.
The head of state said that the pipeline stretching from Baku to Italy, passing through the territories of seven countries and supplying 10 European Union member states via interconnectors in Bulgaria, was currently operating at full capacity. President Ilham Aliyev highlighted the importance of expanding its capacity, noting that the transmission capacity of the pipeline running to Greece and Italy had been increased from 10 billion cubic meters to 11.2 billion cubic meters.
President Ilham Aliyev also noted that Azerbaijan’s refining facilities had a total production capacity of 30 million tons.
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On November 12, President of the Republic of Azerbaijan Ilham Aliyev participated in a roundtable discussion entitled “Building a Competitive Europe – Innovation, Connectivity and Affordable Energy” as part of the 9th European Political Community Summit in Dublin, APA's correspondent dispatched to Dublin reports.