Azerbaijani President Aliyev: Baku is building another energy bridge to Europe.
RIA Novosti reports. Baku is starting the construction of another energy bridge from Azerbaijan to Europe, Azerbaijani President Ilham Aliyev said at a plenary session in Bucharest on Saturday.
Earlier on Saturday, the leaders of Romania, Azerbaijan, Georgia, Hungary and the EC signed an agreement on strategic partnership in the field of green energy and transport development in Bucharest. The ceremony was attended by President of Azerbaijan Ilham Aliyev, Prime Minister of Georgia Irakli Garibashvili, Prime Minister of Romania Nicolae Ciuke and Prime Minister of Hungary Viktor Orban. The event was also attended by the President of the European Commission Ursula von der Leyen.
Turkey can supply gas from Russia and Turkmenistan to Europe, Erdogan said
“Today we are starting the construction of another energy bridge from Azerbaijan to Europe. Our country is preparing to become an important supplier of electricity to Europe, mainly green energy. The renewable energy potential of Azerbaijan is more than 27 GW of wind and solar energy on land and 157 GW of offshore wind energy in the Azerbaijani sector of the Caspian Sea,” the head of state noted.
Hungarian Foreign Minister Peter Szijjarto said earlier that Budapest will support the project proposed by Baku to supply electricity from Azerbaijan via an underwater wire to Romania, Hungary and other European countries. According to him, the investment can be realized in three to four years, and the introduction of such a scheme would bring Hungary closer to achieving carbon neutrality goals.
Currently, Azerbaijan exports gas to European countries via the Trans-Adriatic Pipeline with a capacity of 10 billion cubic meters launched in early 2021. In October, President Ilham Aliyev promised to double these volumes by 2027. The country also exports oil to Europe through Turkey and then by sea.
