Bank Of Baku

Ferran Tazeldas: EU is interested in involving Azerbaijan in other global energy projects

Ferran Tazeldas: EU is interested in involving Azerbaijan in other global energy projects
# 27 February 2007 17:16 (UTC +04:00)
“EU is seriously interested in energy projects of Azerbaijan,� Ferran Tarradellas, spokesman of EU Energy Commissioner Andris Piebalgs, told the APA exclusively. He said that the organization is interested in involving Azerbaijan in other projects.
“We are not speaking only about Nabucco project. It is true that, Nabbucco creates good opportunities for Azerbaijan to transport its resources to Europe, EU plan also includes long-term cooperation with Azerbaijan,� he said.
He added that at present EU hopes for construction of TransCaspian oil pipeline. Commenting on the issue that Azerbaijan will sign memorandum of understanding on energy with US, Mr. Tarradellas noted that there is no competition on this issue in the region./APA/
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