Azerbaijan closely cooperates with France in the energy security area, the President of Azerbaijan Ilham Aliyev said Monday, May 12.
President Aliyev made the remarks in Baku at a press conference with the French President Francois Hollande.
“Azerbaijan makes efforts to support Europe’s energy security. The documents signed late last year will help to deliver Azerbaijan’s gas to Europe and I am sure our relations with Europe will be even closer after realization of this project,” President Aliyev stressed.
The president also said the Shah Deniz, Trans-Anatolia and Trans-Adriatic projects are Europe’s biggest infrastructure projects, adding that the investments intended to be made stand at the level of about $45 billion.
“All parties – Azerbaijan, transit countries and European consumers will only benefit from the realization of this project. Because, this project meets the interests of all parties,” Azerbaijani president said.
The president went on to add that Azerbaijan retains its leader position in the Caspian Sea region in the delivery of energy resources to the world markets as well as to Europe and of course, the energy security has become the matter of national security for each country.
“Azerbaijan’s rich oil and gas resources, the existing transport infrastructure and the one that is being created have greatly changed Europe’s energy map,” President Aliyev underscored.
