Comuniq.EU

EU signs deal with Azerbaijan to double gas imports by 2027

cde.news desk 19 July 2022, 07:51 · 1 min read

epa10077807 A handout photo made available by Azerbaijan's President press service shows Azerbaijan's President Ilham Aliyev (R) welcoming European Commission President Ursula von der Leyen in Baku, Azerbaijan, 18 July 2022. Azerbaijan and the European Union signed a memorandum on Strategic Partnership in the field of energy that aims to expand the Southern Gas Corridor to double gas supplies from Azerbaijan to the EU. EPA-EFE/AZERBAIJAN PRESIDENT PRESS SERVICE/HANDOUT HANDOUT EDITORIAL USE ONLY/NO SALES

BRUSSELS, July 18 (Reuters) – The European Commission signed a memorandum of understanding on Monday with Azerbaijan to double imports of Azeri natural gas to at least 20 billion cubic metres a year by 2027.

“Today, with this new Memorandum of Understanding, we are opening a new chapter in our energy cooperation with Azerbaijan, a key partner in our efforts to move away from Russian fossil fuels,” Commission President Ursula von der Leyen said.

EPA-EFE/AZERBAIJAN PRESIDENT PRESS SERVICE

The EU is seeking alternative suppliers to Russia because of Moscow’s invasion of Ukraine.

Azerbaijan is already increasing deliveries of natural gas to the EU from 8.1 billion cubic metres in 2021 to an expected 12 bcm in 2022, the Commission said.

(Reporting by Marine Straus and Jan Strupczewski; editing by Philip Blenkinsop)

Filed under Comuniq.EU

Topics Azerbaijan EU Ursula von der Leyen

EU signs deal with Azerbaijan to double gas imports by 2027

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