Azerbaijan President Ilham Aliyev highlighted the country's gas exports to Europe and renewable energy development at the Southern Gas Corridor Advisory Council 12th Ministerial Meeting and Green Energy Advisory Council 4th Ministerial Meeting on Tuesday (3 March) in Baku.
The meeting brought together representatives from 27 countries, including Azerbaijan and the European Union, 11 international financial institutions, and 49 energy companies, with ministers, deputy ministers, and other senior officials in attendance.
Azerbaijani Energy Minister Parviz Shahbazov emphasised that the Southern Gas Corridor and Azerbaijani gas remain crucial for energy security and supply stability through diversification.
Azerbaijan’s growing gas exports
In a keynote speech, Azerbaijan’s President Ilham Aliyev spoke on the milestones the country has achieved in terms of producing and exporting energy, as well as plans for renewables.
Highlighting that Azerbaijani gas now flows to 16 countries, 10 of which are EU members, Aliyev said that Azerbaijan currently ranks first in the world in terms of the number of countries to which it supplies gas through pipelines.
On green energy, President Aliyev said when the current projects are realised, the country is expected to obtain 6 to 8 gigawats of energy from alternative sources by 2032.
Aliyev also noted the domestic benefits of renewable energy.
“So this, of course, is a big asset, so we need to export it, and we need to use this electricity for domestic purposes to substitute natural gas, which we are using so far to produce electricity, and to provide conditions for growing economy, growing industry, including our plans with respect to communication sector, AI, data centers, all that are already projects which are in the pipeline.”
The meetings were co-chaired by Azerbaijan’s Energy Minister and the European Commissioner for Energy and Housing, Dan Jørgensen, who described Azerbaijan as central to European energy security:
“To replace Russian energy, we turned to our most trusted and reliable partners. And Azerbaijan was chief amongst these. Since then, we have significantly increased natural gas deliveries through the Southern Gas Corridor. And since late 2020, the Trans-Adriatic Pipeline has already delivered more than 50 billion cubic meters of Caspian gas to Europe.”
President Aliyev outlined upcoming gas projects that will further expand Azerbaijan’s production.
“This year, we expect the beginning of production from the ACG deep gas field. In two or three years, we expect the beginning of the full-phase development of the Absheron field, which will increase gas production from Absheron three times. We also expect the beginning of gas production from the second phase of the Umid field.
In 2028 we expect the beginning of production from a new phase of Shah Deniz. All these gas production profiles will allow us, at the maximum level of production, to reach an additional 10 to 15 billion cubic metres of gas.”
Aliyev emphasised Azerbaijan’s strategic role as a transit country.
“We provide important oil transit for Kazakhstan and Turkmenistan, and year after year, the volume of oil transported through our system is growing. We are capable and have the infrastructure to receive more oil from the eastern shores of the Caspian.”
The president added that Azerbaijan is expanding its presence in the European energy market.
“We have already started to supply two more countries in Europe-Germany and Austria. Thus, today, 10 members of the EU receive gas from Azerbaijan. In the coming years, with respect to the new production of gas from Azerbaijani fields, we may increase the output.”
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