Signing of Memorandum of Understanding on promotion of cooperation between "Bulgartransgaz" (Bulgaria), "Transgaz" (Romania), FGSZ (Hungary), "Eustream" (Slovakia) and the State Oil Company of the Azerbaijan Republic (SOCAR) in Sofia, further diversification of energy resources , including a very important step in the direction of strengthening energy security.

Ziyafat Asgarov, chairman of the defense, security and anti-corruption committee of the Milli Majlis, said this in his statement to APA.

Ziyafat Askerov said that the integration project between Greece and Bulgaria through the interconnector has created an opportunity to expand the geography of Azerbaijan's natural gas supply: "This project already contributes to the strengthening of energy security in Europe.

Azerbaijan is a reliable partner of Europe, not only in energy, but also in a number of other fields.

"After the signed Memorandum of Understanding is implemented, it will definitely strengthen the energy security in Europe and will create an opportunity for Azerbaijan to export more gas to more European countries."

The chairman of the parliamentary committee noted that Azerbaijan has signed and accepted the Declaration or Agreements on "Strategic Partnership" with 9 member states of the European Union.

This means that a third of the member states of the European Union are strategic partners of Azerbaijan, and this partnership has a very strong future: "A Memorandum of Understanding on Strategic Partnership in the Energy Field was signed between Azerbaijan and the European Commission in July of last year.

Based on the memorandum, Azerbaijan plans to double gas supply to the European Union market by 2027.

8 billion cubic meters of gas was delivered to Europe in 2021, and 12 billion cubic meters is targeted this year.

Thus, this volume will make up almost half of the total gas export at the level of 24.5 billion cubic meters planned for this year.

Today, Azerbaijani gas is supplied to Georgia, Turkey,

It is exported to Greece, Bulgaria and Italy.

Starting from this year, gas is also delivered to Romania.

If all the necessary interconnectors are in place, our country will start supplying gas to Hungary and Slovakia from the end of this year."

Ziyafat Asgarov noted that relevant negotiations are being conducted for the purpose of establishing a local gas distribution system: "The government of Azerbaijan is negotiating with Albania.

Because the Southern Gas Corridor passes through the territory of Albania.

At the same time, as a member of the "Ring of Solidarity", Slovakia will soon become our energy partner.

Azerbaijan will expand the geography of gas supply from 6 countries to at least 10 countries.

"At least" because that's not the end of the plans.

Our country plans to further expand its activities in the European gas market.

Natural gas is not the only energy product that Azerbaijan exports to Europe.

For more than twenty years, our country has been a reliable partner as a major supplier of crude oil.

Petrochemical products and electricity are also a part of our exports."

The chairman of the parliamentary committee said that Azerbaijan is ready to continue taking necessary steps to achieve all the goals as a reliable partner in the field of energy: "After the successful completion of three major energy infrastructure projects, namely - two oil pipelines - one from the Caspian to the Mediterranean Sea, and the other from the Caspian to the Black Sea After the pipeline and the Southern Gas Corridor, which is 3,500 kilometers long, efforts are being made to turn Azerbaijan into a source of production and export of renewable energy.

The calculated potential of renewable energy in Azerbaijan is about 200 gigawatts.

Azerbaijan has signed contracts and memoranda of understanding with leading international companies in the field of renewable energy for the purpose of producing more than 25 gigawatts of renewable energy.

The construction of the first wind and solar power stations has begun.

There is an energy potential of 157 gigawatts in the Azerbaijani sector of the Caspian Sea.

The main export direction of green energy is Europe.

There are projects ranging from oil megaprojects, now to gas, then green hydrogen.

In addition to all this, there will be strong transmission lines, which will create a completely new situation.

In short, the energy map of Eurasia is being redrawn."