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26.01.2016 09:20

Important steps made to implement SOUTHERN GAS corridor project, Aliyev says

Very important steps have been made for implementing the Southern Gas Corridor project, Azerbaijani President Ilham Aliyev said at the conference dedicated to the results of the second year of implementation of State program on socio-economic development of districts of Azerbaijan Republic in 2014-2018.

The president stressed that 2015 was a memorable year in the energy sector.

The president further reminded about the first meeting of the Consultative Council of the Southern Gas Corridor, which was held in Baku.

He said that the high-ranking officials from the project-participating countries attended the meeting, which approved a concrete program and adopted a joint declaration. The meeting highlighted special and leading role of Azerbaijan in the realization of this project.

The Southern Gas Corridor is the project of energy security for Europe.

The implementation of this project will create for us additional political, financial, and economic opportunities and will allow our rich gas resources to be exported to the world markets in the subsequent tens of years, the president said.

This will bring us economic benefits, provide currency flow, and our constant development will be even stronger, he added.

The president went on to say that this year additional measures will be taken with regard to the implementation of the Southern Gas Corridor.

The president said the work on each of the four projects of Southern Gas Corridor (the Shah Deniz, South Caucasus Pipeline, TANAP and TAP) is being conducted successfully.

Trend, 26.01.16

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