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Azerbaijan

Azerbaijan prepared to increase gas supplies to neighbours – energy ministry

epa04822160 Oil pumps in Baku, Azerbaijan, 28 June 2015. Baku, the capital of Azerbaijan host the Baku 2015 European Games from 12 to 28 June 2015. EPA/ROBERT GHEMENT

March 12 (Reuters) – Azerbaijan is prepared to increase its supplies of gas to neighbouring countries if needed, but supplying to Europe would require more planning, Azerbaijan’s energy minister told a diplomatic forum in Antalya, Turkey, on Saturday, according to Russia’s RIA news agency.

Azerbaijan does not currently have the capacity to increase gas production or exports substantially, but the minister, Parviz Shakhbazov, said: “We have reserves that, under certain conditions, given investment, can be exploited for the next 100 years.”

Photo – Oil pumps in Baku. EPA/ROBERT GHEMENT

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