Azerbaijan discusses development of energy cooperation with Italy and Kazakhstan & More News Here

Baku, June 1, AZERTAC

As half of the Baku Energy Week, Azerbaijan`s Energy Minister Parviz Shahbazov has met with Undersecretary of State on the Ministry of Ecological Transition of the Italian Republic Vannia Gava and Energy Minister of the Republic of Kazakhstan Bolat Akchulakov.

At the assembly with Undersecretary of State Vania Gava, the edges mentioned the development of energy cooperation between Azerbaijan and Italy. The significance of the Trans-Adriatic Pipeline (TAP) was talked about in strengthening Italy’s energy provide and its place within the European fuel market.

Energy Minister Parviz Shahbazov mentioned pure fuel provide by way of TAP performs an necessary position in energy cooperation with Italy, Azerbaijan’s largest buying and selling companion. The minister famous that by the tip of the yr, fuel exports to Italy below quick and long-term contracts have been projected at 9.5 billion cubic meters, and by rising the capability of TAP, it’s doable to produce extra pure fuel not solely to Italy, but additionally to different European international locations.

The sides additionally exchanged views on cooperation with Italian firms within the discipline of renewable energy, in addition to help for the demining course of of the liberated territories.

At the assembly with Energy Minister Bolat Akchulakov, the edges exchanged views on the bilateral cooperation between the 2 international locations within the discipline of energy and the standing of the energy markets. The alternatives related with the transportation of Kazakhstan`s energy assets to the world market have been evaluated. In addition to the transit of Kazakhstan`s oil and oil merchandise by way of Azerbaijan, the measures taken on the stage of working teams to ship liquefied pure fuel to Azerbaijan through the Caspian Sea have been additionally mentioned throughout the dialog.

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