Minister of Energy and Natural Resources Alparslan Bayraktar announced that the infrastructure is ready to double the amount of gas Azerbaijan exports to Europe by 2027. Participating in a program on Azerbaijan’s State Official Television AZTV, Minister Bayraktar emphasized that the energy collaboration between Turkey and Azerbaijan sets an example for the world. He stated, “The projects we have developed here, especially for Europe’s natural gas supply security, are of great importance. The Baku-Tbilisi-Ceyhan Pipeline, through which 700,000 barrels of oil flow daily, is crucial for a more balanced global oil supply.” Bayraktar highlighted that the infrastructure of the TANAP and TAP pipelines, which carry natural gas from the Caspian Sea and Turkey to Europe, is built with a capacity of 32 billion cubic meters, ready to double Azerbaijan’s gas exports to Europe by 2027.
Encouraging investments in gas production in the Caspian Sea, Bayraktar continued, “We are making every effort in this regard. Turkey is a significant natural gas market. Our domestic market can accommodate additional capacities from Azerbaijan over the next 15 years. Turkey is a country with a growing industry and economy, increasing population. We are confident in committing to long-term purchases. We have repeatedly conveyed this to our counterparts in Azerbaijan, SOCAR. When the European Union finalizes its decision, TANAP will be able to operate at full capacity.” Bayraktar emphasized the significance of the Iğdır-Nakhchivan Natural Gas Pipeline, adding a new pipeline between the two countries, stating, “Through Turkey, we have established the infrastructure to supply natural gas to Nakhchivan and our brothers and sisters living there for 30 years.”
Addressing the “green energy corridor” project discussed at the United Nations Framework Convention on Climate Change 24th Conference of the Parties (COP24), Bayraktar concluded, “In the project developed among Bulgaria, Turkey, Georgia, and Azerbaijan, a study is being conducted on the electricity generated in Azerbaijan to be sent to Turkey and then to Europe. In a few days, at the annual meetings of the Southern Gas Corridor, the four countries will sign an agreement. This means that electricity transmission lines are being added to the mentioned four pipelines. We will implement a new project with Azerbaijan that will contribute to Turkey and Europe’s energy supply security not only in the natural gas and oil sectors but also in the electricity sector.”
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