Parviz Shahbazov: Azerbaijan aims to expand SGC

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Azerbaijan aims to expand the Southern Gas Corridor (SGC), Energy Minister Parviz Shahbazov said at the Baku Energy Forum, which kicked off today, Report informs.

According to him, Azerbaijan's annual transportation of 24.3 billion cubic meters of natural gas through SGC has already been confirmed: “With this, the volume of natural gas transported to Europe alone has increased to 12 billion cubic meters. Azerbaijan has undertaken gas transport to its partners as an obligation. The agreement signed yesterday between the State Oil Company of Azerbaijan (SOCAR) and BOTAS - the state oil and gas company of Türkiye - is an indication of this. It will further strengthen the role of Azerbaijan as a gas supplier and transit."

Economy