Azerbaijan committed to Southern Gas Corridor: Mammadyarov

13:00 | 16.02.2016
Azerbaijan committed to Southern Gas Corridor: Mammadyarov

Azerbaijan committed to Southern Gas Corridor: Mammadyarov

Azerbaijan's Foreign Minister Elmar Mammadyarov has said in an interview with The Business Year:

"Integration in the global economy has been at the core of Azerbaijan's foreign economic policy. Azerbaijan is committed and is currently the only country producing for the establishment of the Southern Gas Corridor (SGC), which will play substantial role in the diversification of natural gas suppliers to Europe. 

"Two important projects, the Trans-Anatolian Natural Gas Pipeline (TANAP) and the Trans-Adriatic Pipeline (TAP), are now being implemented within the framework of the SGC, which has the potential to meet up to 20% of Europe's gas needs in the future. Energy infrastructure projects have significantly strengthened Azerbaijan's relationship with our close partners and intensified the regional cooperation with Turkey and Georgia, which has yielded remarkable results in other fields as well. 

"Azerbaijan also actively participates in the advancement of important transcontinental transport corridors by investing in the transport infrastructure projects, such as the Baku-Tbilisi-Kars (BTK) railway and the New Baku International Sea Port. The BTK railroad, which is expected to be commissioned by the end of 2016 or early 2017, is designed to enhance the transit capacity of Azerbaijan and increase trade flows across the region. The BTK railway will be another step in positioning the South Caucasus as a major transit route between Europe and Asia. 

"In addition, Azerbaijan has initiated the Trans-Eurasian Information Super Highway (TASIM) as a major regional initiative aimed at the creation of a transnational fiber-optic backbone, targeting primarily the countries of Eurasia from Western Europe to Eastern Asia. This project envisages building a major new transit route from Frankfurt to Hong Kong, contributing to the creation of an open information society, increasing internet speed, and developing new internet services. Azerbaijan has been continuously proactive in its promotion of equal and mutually beneficial cooperation among partner countries by initiating and supporting all potential projects aimed at the development of not only Azerbaijan, but the wider region as well."

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