2024-06-28 06:40:32
Supply: Development Worldwide Data Company
Writer: Lyaman Zeynalova
Vitality safety and diversification of vitality provide sources are among the many key priorities of the European Union, particularly within the context of rising demand and geopolitical instability. On this context, Azerbaijan acts as an vital accomplice, providing its important pure fuel reserves to satisfy Europe’s vitality wants. Azerbaijan is solely centered on making certain vitality safety and stability, performing inside the framework of the requests and desires of European companions.
As President Ilham Aliyev stated on June 4 on the opening of the twenty ninth Caspian Oil&Gasoline exhibition and the twelfth Caspian Energy exhibition inside the framework of the Baku Vitality Week, immediately eight nations obtain Azerbaijani fuel.
“Azerbaijan has confirmed itself as a dependable accomplice in fuel provides to many nations. On the common assembly of the Southern Gasoline Hall Advisory Council, held a number of months in the past, the European Fee known as Azerbaijan a “pan-European fuel provider.” And that is certainly the case. Six out of eight nations that obtain Azerbaijani fuel are European nations. And the geography of our provides will definitely develop. We’re at the moment in lively negotiations with a number of extra nations to make sure their vitality safety, since they want Azerbaijani fuel for this. And as now we have stated many occasions, nationwide safety can’t be separated from vitality safety. Import-dependent nations, in fact, are in search of essentially the most dependable and long-term companions and contracts. They discover precisely that in Azerbaijan. Our phrase is as helpful as our signature. All contracts signed over the previous 30 years have been totally applied. All of them have been ratified by the parliament and have acquired the pressure of legislation. Not a single phrase in them has been modified. That is belief that has been constructed over many years,” the top of state stated.
Azerbaijan has at all times expressed its readiness to lend a serving to hand on the request of European companions with a view to contribute to the continent’s vitality safety. And now Europe is contemplating the potential for supplying Azerbaijani fuel by way of Ukraine. The very fact is that Ukraine has introduced that it’s going to not renew its five-year settlement with Russia’s Gazprom. The previous foremost recipients of fuel by way of Ukraine are Austria, Slovakia, Italy, Hungary, Croatia, Slovenia and Moldova. Austria nonetheless receives most of its fuel by way of Ukraine, whereas different nations have diversified their sources and brought steps to cut back demand.
European officers and authorities representatives are negotiating with the Ukrainian facet to increase the settlement on the transit of Russian fuel via Ukraine till 2025. One of many choices being mentioned is the acquisition of fuel from Azerbaijan and its transportation via Russian fuel pipelines via Ukraine.
Towards the backdrop of those occasions, hypothesis appeared within the Western media that the initiative allegedly got here from Azerbaijan. Nonetheless, in truth, it’s Ukraine and the European Union which are actively selling this plan. Ukraine is serious about sustaining fuel transit via its territory, which brings it important earnings and strengthens its place within the European vitality system. The European Union, in flip, is in search of methods to diversify fuel provides with a view to keep away from potential dangers to vitality safety.
For nations like Slovakia and Austria, steady fuel provides are very important. They threat being left with out adequate fuel volumes if the settlement on transit via Ukraine will not be prolonged. Shopping for fuel from Azerbaijan and transporting it via Ukraine is a strategic choice that can assist keep away from potential provide disruptions.
It’s price noting that the thought of supplying Azerbaijani fuel to Ukraine has a protracted historical past and was mentioned at numerous ranges lengthy earlier than the present occasions. In January 2020, at a gathering of the Joint Intergovernmental Fee on Financial Cooperation, headed by Azerbaijani Vitality Minister Parviz Shahbazov and Ukrainian Infrastructure Minister Vladyslav Krykliy, choices for connecting Ukraine to the Southern Gasoline Hall had been mentioned. As famous by the ministry, Ukraine is serious about diversifying routes and sources of pure fuel provides.
“Ukraine will have the ability to buy fuel from Azerbaijan as a part of the second and third phases of increasing the capability of the fuel pipeline. As well as, we’re serious about increasing cooperation on organizing the availability of crude oil and are prepared to think about the potential for supplying liquefied pure fuel from Azerbaijan to Ukraine,” the division stated then .
Typically, when the thought of constructing the Southern Gasoline Hall was born, the primary purpose was to diversify provides by connecting European nations to the vitality assets of the Caspian. This infrastructure has confirmed its significance throughout essentially the most troublesome interval of the vitality disaster for Europe. It’s no coincidence that in July 2022, the European Union signed a memorandum with Azerbaijan on doubling the capability of the SGC. And the primary steps on this path have already been taken. The Trans Adriatic Pipeline, which is the European a part of the SGC, will present a further 1.2 billion cubic meters of fuel per 12 months by December 31, 2025. And by 2027, the system’s throughput capability is anticipated to extend to twenty billion cubic meters per 12 months.
Within the context of an acute vitality disaster in Europe, the demand for Azerbaijani fuel is rising quickly. Azerbaijan at all times acts inside the framework of the requests and desires of its European companions. All fuel provide actions are geared toward sustaining stability and making certain vitality safety in Europe. That is underlined by quite a few statements by Azerbaijani officers, which spotlight the nation’s readiness to satisfy the rising wants of the European market. Azerbaijan doesn’t view its fuel provides as an instrument of strain or competitors with different vitality sources. Quite the opposite, the primary purpose is to make sure stability and safety of vitality provide for European nations. Negotiations on the extension of the fuel transit settlement via Ukraine and the dialogue of choices for buying fuel from Azerbaijan spotlight the complexity and multi-layered nature of contemporary European vitality coverage. Regardless of numerous interpretations in Western media, the initiative to make sure further fuel provides via Ukrainian fuel pipelines comes from Ukraine and the European Union, which search to strengthen the vitality safety of the area.