NEWS

The Washington Post: European countries, Azerbaijan agree to boost gas transfers

APRIL 26, 2023

The national gas system operators of Bulgaria, Romania, Hungary and Slovakia agreed to boost the transfer of natural gas from Azerbaijan using the existing infrastructure of their countries, which were until recently highly dependent on Russian energy, Report informs referring to The Washington Post.

Following Moscow’s invasion of Ukraine, the European Union is trying to diversify European energy sources away from Russian gas. The EU signed a memorandum of understanding with Azerbaijan in July to double the volume of Azeri gas imports to 20 billion cubic meters per year by 2027, The Washington Post writes.

“Bulgaria is linked to the Southern Gas Corridor, a multi-segment pipeline project to get natural gas from Azerbaijan to Italy, through an inter-connector with Greece. The connector allows for the delivery of 1 billion cubic meters of Caspian gas to Bulgaria, covering nearly one-third of the country’s needs, and has capacity to increase the volume to up to 5 billion cubic meters annually,” reads the article.

https://report.az/en/energy/european-countries-azerbaijan-agree-to-boost-gas-transfers/