Azerbaijan could replace Russia in EU energy market after EPC Summit in Chisinau
Chisinau, May 29. /MOLDPRES/- Recently, Azerbaijan has become one of the main countries through which Russian energy resources are replaced on the European market. The Romanian publication Newsweek writes about this today, which analyzes how Azerbaijan could replace Russia on the EU energy market after the European Political Community Summit, which is to be organized at the end of this week in Chisinau.
In 2022, the volume of gas deliveries from Azerbaijan to the European Union reached 12 billion cubic meters, and by 2027 Baku plans to double this figure.
Azerbaijan's role as a reliable supplier of energy resources not controlled by Russia has been noted by many other European leaders and international organizations. German Chancellor Olaf Scholz said "Azerbaijan is a partner of major importance for Germany and the EU, and this country can make an important contribution to the diversification of energy supply in Germany and Europe."
At the same time, representatives of the European Commission said "Azerbaijan is a key partner for the EU in efforts to phase out fossil fuel from the Russian Federation." EU Energy Commissioner Kadri Simson said that “Europe has emerged from this winter with half-full gas storage, more stable gas prices and a positive outlook for the coming winter. We have achieved this thanks to our reliable partners, such as Azerbaijan", concluded Kadri Simson.
Thanks to the Baku-Tbilisi-Ceyhan gas pipeline, the construction of which was supported by the US and Great Britain, Azerbaijan has had an oil transport route independent of the Kremlin since 2006. The presence of such an infrastructure is of decisive importance for Baku's independent energy policy in the interest of the European Union.
The Republic of Moldova will host on June 1 the European Political Community Summit, bringing together for the first time 50 presidents, prime ministers and senior European officials. The event will bring together 50 heads of state, prime ministers and European officials, who will discuss solutions to Europe's most pressing problems, such as peace, security and energy resilience.
Photo: minenergy.gov.az
Deputy Prime Minister: Moldova–EU Investment Conference shows we are reliable partner and will continue to move forward
LIVE TEXT // Investment Conference in Chișinău. Deputy Prime Minister: Moldova advancing toward full integration into European market
Entrepreneurs on both banks of Dniester can participate in training program to develop export capacities
Natural gas transit tariff on route to Ukraine to be cut by 90 percent; Moldovan energy minister: “It will make the route more economically feasible”
Record number of registrations for Moldova – EU investment conference
EBRD to provide additional financing for rehabilitation of Chișinău–Leușeni road and Chișinău bypass
Subsidies worth 178 million lei for Moldova's farmers authorized in last May
Moldova to build up larger natural gas reserves: bill proposed by Ministry of Energy
Fuels continue to get cheaper
PHOTO GALLERY // Best local entrepreneurs awarded at Moldovan Business Gala
Moldova hosts annual conference of banking supervisors from Central and South-Eastern Europe
Moldova’s walnut exports exceed 40 million dollars annually
30 MW Photovoltaic park with battery storage to be built in Vadul lui Vodă
Moldovan National Road Transport Agency launches nationwide inspections of heavy trucks
VIDEO // Over 5 million lei seized following searches in fraud file in Moldova; five people detained
Record on electricity exchange in Moldova: largest volume of traded power since its launch
Deputy Prime Minister: EU Growth Plan for Moldova creates conditions for modernizing economy at unprecedented pace
Sergiu Caraman remains head of Superior Council of Magistracy
Moldovagaz to supply natural gas to Transnistrian region by late 2026
VIDEO // Alexei Buzu: Government allocates 145 million lei for development of amalgamated localities in Călărași
Deputy parliament speaker says Moldova must strengthen defense capabilities
Works at Chisinau Electrical Substation progressing; Romanian Ambassador says Romania stays reliable partner of Moldova in strengthening energy security
EUROPEAN VILLAGE // Over 27 million lei invested in modernizing infrastructure in central Moldova settlement
Moldovan Foreign Affairs Ministry issues travel alert for Qatar, Kuwait: “Security situation stays volatile”
Economic, investment opportunities of Moldova promoted at Annual Meeting of Board of Governors of European Bank for Reconstruction and Development
Environmental NGOs' representatives trained in alternative methods for resolving environmental conflicts in Moldova
PHOTO // Moldovan deputy parliament speaker says Grand Duchy of Luxembourg, as EU founding member, firmly supports Moldova's European path
ARMENPRESS: IRI observers: Armenia’s June 7 elections conducted calmly and fairly
Discover Moldova with #MOLDPRES // Sweet business in Prut Meadow
MOLDPRES REPORT // Smart technology for old apartment blocks: Chinese solutions that might fix parking, waste problems in Moldova’s cities