BAKU, Azerbaijan, Nov.29. Azerbaijan is in
favor of investments in Albania and primarily within the subject of power
infrastructure, Ambassador of Azerbaijan to Albania Anar Huseynov
stated in an interview with Argumentum.al, Trend experiences
Nov.29.
“I do imagine that Albania can turn out to be a beneficiary of
Azerbaijan’s pure gasoline, however the lack of acceptable
infrastructure complicates the difficulty. Therefore, Baku desires to
talk about the opportunity of investing within the gasoline infrastructure of
Albania, and first to begin with a separate settlement. If the
funding is profitable, its scope could enhance,” he stated.
Talking in regards to the general power cooperation between the EU and
Azerbaijan, Huseynov recalled the memorandum of understanding
signed in July 2022 on strategic partnership within the subject of
power.
“This MoU grew to become a brand new milestone in our relationships with EU and
features a dedication to double the capability of the Southern Gas
Corridor to ship at the least 20 billion cubic meters to the
European markets yearly by 2027. This will contribute to EU’s
diversification goals. Azerbaijan is already now growing
deliveries of pure gasoline to the EU, from 8.1 bcm in 2021 to an
anticipated 12 bcm in 2022. The EU and Azerbaijan additionally share the
ambition to speed up the event and deployment of renewable
power technology and transmission capability to totally reap the
synergies between the EU’s clear power transition and Azerbaijan’s
sturdy untapped renewable power potential, particularly within the
offshore power sector. The two events additionally acknowledge the
significance of the Global Methane Pledge, and acknowledge that making
the pure gasoline provide chain as environment friendly, environmentally and
local weather pleasant as attainable is a collective accountability,” stated
the envoy.
Huseynov added that the MoU helps the creation of schemes to
gather pure gasoline that may in any other case be vented, flared or
launched into the ambiance.
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Follow the writer on Twitter: @Lyaman_Zeyn
