Bulgaria offers assistance to Azerbaijan in increasing gas supplies to Europe

MOSCOW, 30 Sep — PRIME. Bulgarian President Rumen Radev announced the readiness of gas network operators in Bulgaria, Romania, Hungary and Slovakia to help increase gas supplies from Azerbaijan to Europe.

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1 Azerbaijan has increased gas production and export since the beginning of the year

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Azerbaijan has increased gas production and export since the beginning of the year

According to Reuters, Radev said during a meeting with Azerbaijani President Ilham Aliyev that Bulgaria, Romania, Hungary and Slovakia “offered their networks for faster delivery of Azerbaijani gas to Europe.”

Earlier this week, Hungarian Foreign Minister Peter Szijjarto said at a meeting of energy ministers of the Turkic states that the volume of gas coming from Azerbaijan to Europe would double in the coming years. Szijjarto also noted that an agreement was reached on future deliveries of Azerbaijani electricity to Europe along the route that runs through the territory of Georgia, Romania and Hungary.

The EU and Azerbaijan signed a memorandum of understanding in July that includes doubling the capacity of the Southern Gas Corridor (SGC). According to European Commissioner for Energy Kadri Simson, the volume of deliveries of “blue fuel” from Azerbaijan to the European Union is expected to more than double by 2027.

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A press release from the European Commission specified that the new memorandum of understanding includes doubling the capacity of the Southern Gas Corridor in order to supply at least 20 billion cubic meters of gas to the EU annually by 2027. The EU received about 8.1 billion cubic meters of gas from Azerbaijan in 2021 and expects 12 billion cubic meters in 2022, the release said.