Azerbaijan plays a central part in contributing to the global supply of energy, and over the next two years will become a major supplier of gas to Europe, U.S. President Barack Obama’s message says.
U.S. Ambassador to Azerbaijan Richard Morningstar read out the U.S president’s message during the opening of the 21st International Caspian Oil and Gas Exhibition in Baku on June 3.
“Making the Southern Gas Corridor a reality will require hard work and close co-operation between Azerbaijan and its international partners,” according to the message.
The Southern Gas Corridor is a project that will allow Europe to diversify its sources of hydrocarbon supply and strengthen energy security and enable Azerbaijan to get a new market in Europe. The gas to be produced within the second phase of the Azerbaijani gas condensate Shah Deniz field’s development is considered as the main source for the Southern Gas Corridor.
“The U.S. sees the completion of this project as an important step towards expanding Europe’s gas supplies, and stands ready to assist,” Obama’s message said.
“Your country’s role as an energy supplier will enable the development of the diversified economy, strengthen the rule of law, and raise the living standards of the Azerbaijani people,” the message says. “The U.S. values the continued collaboration toward these rules.”
The 21st Caspian International Oil & Gas Exhibition, the largest event in the energy sector of the Caspian region, is taking place between June 3 and June 6 at the Baku Expo Center.
Every year, Caspian International Oil & Gas Exhibition gathers leading specialists and leading enterprises in the oil and gas industry to demonstrate advanced technologies for the extraction and processing of oil and gas, transportation and logistics, as well as industry related services, Trend informs.
