Natig Aliyev: “Azerbaijan is not competing with Russia in gas transportation to Europe”

Baku: Azerbaijan is not competing with Russia, which plans to export 63 billion cubic metres of gas per year (bcm/y) to Southeastern Europe, via South Stream, or the Turkish Stream project, Minister of Energy of Azerbaijan Natig Aliyev told EurActiv while commenting on the recent visit of Azerbaijani President Ilham Aliyev to Bulgaria, where his host, Prime Minister Boyko Borissov, tried to revive the Nabucco project.

The current plan is that Azerbaijan will supply 10 bcm/y to EU countries from 2019-2020, which is a smaller quantity, he stressed.

But the minister also referred to his country’s considerable gas reserves, which he estimated to be approximately 2.65 trillion cubic metres.

Aliyev said that future projects to bring additional gas were likely to be quite different from the Nabucco pipeline, consisting of a series of intergovernmental agreements to set up interconnectors with reverse flows.

SOURCE: Azeri Press News Agency