"Today, Europe needs more Azerbaijani gas," the President of Azerbaijan Ilham Aliyev said at a meeting with participants of the 3rd Shusha Global Media Forum, APA reports.
The head of state said that Azerbaijan is ready to increase this volume. According to the president, in 2021 this figure was 8 billion cubic meters, and today it is 13 billion cubic meters: "This is half of our total production and exports. For additional volumes, there must be a pragmatic approach again with European institutions."
He said that today, the Southern Gas Corridor is working at full capacity: "In order to find new destinations, we are using different interconnectors, but the mainstream pipeline is fully packed,” President of Azerbaijan Ilham Aliyev said at a meeting with participants of the 3rd Shusha Global Media Forum.
In order to expand it, we need funds, we need borrowed money. I think that European institutions will consider this situation and change their policies so that funds can be attracted. Under these circumstances, what today seems to us like a done deal can grow," added the President.