Energy integration between Azerbaijan and Europe, along with opportunities to increase gas supplies was discussed during Energy Minister Parviz Shahbazov’s visit to Slovenia, at the invitation of Minister of Environment, Climate and Energy Bojan Kumer.
During the meeting, the two ministers highlighted the dynamic development of Azerbaijani–Slovenian bilateral relations, which will mark their 30th anniversary next year, and emphasized that cooperation in the energy sector has become more intensive and productive in recent years.
The signing of a Memorandum of Understanding on energy cooperation between the Ministry of Energy of the Republic of Azerbaijan and the Ministry of Environment, Climate and Energy of the Republic of Slovenia, as well as a Memorandum of Understanding on natural gas supply between SOCAR and Geoplin, represent significant milestones in bilateral energy relations.
The commencement of Azerbaijani natural gas supplies to Slovenia was recognized as a tangible outcome of energy cooperation and a significant contribution to both Europe’s energy security and the diversification of energy sources.
Considering Azerbaijan a reliable partner, Bojan Kumer expressed interest in expanding energy cooperation and increasing gas supplies from Azerbaijan, which accounted for approximately 5% of Slovenia’s total gas consumption last year.
As part of the plan to increase gas supplies via the Trans-Adriatic Pipeline (TAP) by 1.2 billion cubic metres by 2026, as well as on a long-term basis, the two sides discussed the possibilities of supplying gas to Slovenia, prospects for the development of production and transportation projects, regional energy security, and the strengthening of mutual consultations.
The energy integration of Azerbaijan with Europe was discussed in the context of key projects such as the Caspian–Black Sea–European Green Energy Corridor, the Azerbaijan–Georgia–Türkiye–Bulgaria interconnector, and the Central Asia–Azerbaijan Energy Corridor. It was noted that these initiatives offer significant opportunities for the development of new trade routes, enhanced energy security, and strengthened regional cooperation through the Caspian Sea. Additionally, prospects for cooperation with Slovenia in the field of green energy were considered.
Cooperation in the supply of oil, natural gas, and green energy was further discussed during meetings with Simon Urbancl, CEO of Geoplin; Sašo Berger, President of the Management Board of Petrol Group; Marjan Eberlinc, CEO of Plinovodi; and Tomaž Štokelj, CEO of HSE.
The discussions covered Slovenia’s energy consumption, the supply of oil, gas, and electricity, the development and strengthening of natural gas transmission links with neighboring countries, as well as measures taken to increase electricity generation from renewable sources, including solar and wind energy.
Slovenian energy companies were invited to participate in Azerbaijan’s green energy projects, both as investors and as offtakers of the energy produced
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must ...
At least 77 people were killed after a powerful earthquake struck western Colombia early on Monday, toppling buildings across several cities and leavi...
A consortium including Amazon founder Jeff Bezos is reportedly close to agreeing a deal to acquire a roughly one-third stake in Premier League club Li...
An agreement between Iran and the U.S. to reopen the Strait of Hormuz is expected "soon," a U.S. official has said. The deal would result in the resumption of commercial shipping through the sea passage and the lifting of an American naval blockade on Iranian ports.
Flights arriving at Catania airport in eastern Sicily were suspended after volcanic ash from a new eruption of Mount Etna drifted into the airspace around the airport, disrupting operations at one of Italy’s busiest aviation hubs.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of August, covering the latest developments.
Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions.
Uzbekistan has secured preferential tariffs for fertiliser and petroleum product shipments through Kazakhstan’s Kuryk port to Georgian ports, as Uzbek cargo volumes across the Caspian continue to rise.
Police in eastern India used tear gas, batons and water cannon on Monday to disperse thousands of young protesters marching on the Jharkhand state legislature over alleged irregularities in civil service examinations.
Rising temperatures are threatening Georgia’s farms, energy supply and banking sector, with experts warning that the country has a narrow window to prepare before the economic costs grow significantly.
Pakistan is seeking to strengthen its energy security through a proposed Gulf oil storage scheme, $5 billion in refinery upgrades and renewed offshore exploration with Türkiye as global supply disruptions expose its reliance on imports.
Syria and Russia have signed a memorandum of understanding on the future of Russian bases at Tartous and Hmeimim after 18 months of negotiations, the Syrian foreign ministry said on Sunday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment