The Azerbaijan State News Agency

OFFICIAL NEWS

President Ilham Aliyev, President of European Commission made press statements VIDEO

Baku, July 18, AZERTAC

President of the Republic of Azerbaijan Ilham Aliyev and President of the European Commission Ursula von der Leyen have made press statements.

The head of state made a statement first.

Statement by President Ilham Aliyev

-Dear Madam President,

Dear ladies and gentlemen,

First of all, I would like to welcome Madam President of the European Commission to Azerbaijan, and delegation from EU. Today we had very good discussions on broad range of issues of mutual interest. We covered all the topics which today are on our agenda, and we had the ceremony of signing of MoU on strategic partnership in the field of energy between the European Union and Azerbaijan. Our active cooperation in energy area already has a history of more than 15 years. Today’s memorandum is not the first document which was signed between us. We had MoU signed in 2006, and Joint Declaration on Southern Gas Corridor signed in 2011. So, we have a good history and good achievements. Energy projects initiated by Azerbaijan and supported by European Union and supported by our partners completely changed the energy map of Europe. We started with oil production, and then gas production, and construction of oil pipeline which connected Caspian with Black Sea and the Mediterranean. Of course, the Southern Gas Corridor which is 3,500 km long integrated pipeline system which brings our gas to European Continent. It’s less than 2 years that the Southern Gas Corridor works in full capacity and all the segments are in place but already we see the positive benefits of this cooperation. Issues of energy security today are more important than ever before. A long-lasting, predictable and very reliable cooperation between EU and Azerbaijan in the field of energy, of course, is a big asset. This year we started energy dialogue between EU and Azerbaijan, which covers many areas including oil, gas, renewables, hydrogen, energy efficiency and other issues, and the great potential of renewable energy production in Azerbaijan also is appreciated already by the European Union. We already started projects of investments in wind and solar energy. We already made the first assessment about our potential. And I can say that in the liberated areas of Karabakh and Eastern Zangazur, the potential of solar and wind power plants is 9,200 megawatts and the potential of wind in the Caspian Sea is 157 gigawatts. So we have really an enormous resource base. Plus, of course, the new gas fields which we will engage in coming years, will add to the production of natural gas and using renewables will save more natural gas for export. So, it’s very advantageous situation which was built by our efforts and supported by the European Union. Today’s memorandum actually is a kind of a road map for the future. Taking into account that all what we planned before we accomplished, I am sure that will see great success. Among other issues which we discussed today was issue of connectivity and taking into account geographical location of Azerbaijan and modern transportation infrastructure, we need to work more actively on connecting our potential. Because here on the Western shore of the Caspian Azerbaijan has the biggest trade fleet in the Caspian-modern infrastructure, ship-building yard, new Sea Port and railroad connecting us with all our neighbors. And there is a big demand to have joint efforts in order to make connectivity as important in our relationship as energy. Of course, our agenda is very broad. We are working on a new agreement between the EU and Azerbaijan. We just discussed it with Madam President, and hopefully in coming months we can complete it. That will also be an important contribution to our bilateral cooperation. We work on bilateral track within the framework of Eastern Partnership program and EU is the main trading partner for Azerbaijan. Implementing our plans, of course, will increase the joint turnover to the benefit of our peoples and relationship between EU and Azerbaijan, I am sure, will have a great future and all what we planned we will achieve. Once again, Madam President, thank you for being with us. I wish you a pleasant stay in Baku.

x x x

President of the European Commission then made a statement.

Statement by Madam President Ursula von der Leyen

-Thank you very much Mr. President for the warm welcome here in Baku. And thank you for stepping up and for supporting the European Union. Because already before Russia's brutal invasion of Ukraine, the Russian gas supplies to Europe were no more reliable. The European Union has therefore decided to diversify away from Russia and to turn towards more reliable, trustworthy partners. And I am glad to count Azerbaijan among them. You are indeed a crucial energy partner for us and you have always been reliable. You were a crucial partner not only for our security of supply, but also in our efforts to become climate neutral. The Memorandum of Understanding that we have just signed makes our energy partnership even stronger.

I want to emphasise three points from our Memorandum of Understanding. The first is that we will double the supply of gas from Azerbaijan to the European Union. Indeed, with this MoU, we commit to the expansion of the Southern Gas Corridor. This is already a very important supply route for the European Union, delivering currently more than 8 billion cubic metres of gas per year. And we will expand its capacity to 20 billion cubic metres in a few years. From next year on, we should already reach 12 billion cubic metres. This will help compensate for cuts in supplies of Russian gas and contribute significantly to Europe's security of supply.

The second point that is very prominent in the MoU is the topic of the renewables. Azerbaijan has a tremendous potential in renewable energy - you just described it, Mr President -, and in particular in offshore wind and green hydrogen. We discussed it extensively in our bilateral meeting. Today, with our MoU, we are laying the ground for solid cooperation in that area. So gradually, Azerbaijan will evolve from being a fossil fuel supplier to becoming a very reliable and prominent renewable energy partner to the European Union.

Finally, our cooperation on gas has to be consistent with our responsibilities on climate. This includes, for example, the emissions of methane. Our MoU sets out commitments to reduce methane emissions throughout the entire gas supply chain. And, as we have discussed, Mr President, I strongly encourage Azerbaijan to join the Global Methane Pledge, which is now supported by 119 countries. Azerbaijan has made enormous progress and has a lot to deliver.

Beyond energy, President Aliyev and I discussed the full range of our relation and cooperation. The EU-Azerbaijan Cooperation Council will meet tomorrow in Brussels and discuss how to take forward our bilateral cooperation. We are working right now on a new bilateral agreement that we hope to conclude soon. The aim is to further expand the strong economic partnership we do have. Indeed, the European Union is: the first commercial partner of Azerbaijan; its first export destination; and one of its most important sources of investments. And we want to expand this. We are investing EUR 60 million of EU funds in Azerbaijan until 2024. And the Economic and Investment Plan has the potential to mobilise up to EUR 2 billion in additional investments. It is already at work, supporting round about 25,000 Azeri small and medium companies, and making the Port of Baku a sustainable transport hub.

This is for us very important, because this leads indeed to the topic of connectivity that you have mentioned. We also discussed that. In particular, how to deepen our ties to bring our people and societies closer together. This is the mission of our Global Gateway strategy. And this is also the essence of our Eastern Partnership. The European Union wants to work with Azerbaijan to build connections with Central Asia and beyond. So we follow with great interest the discussions and the ideas about trans-Caspian connections. We will deepen these discussions. Finally, we want to finalise the Common Aviation Area Agreement. Because this would greatly boost opportunities for business, trade and for tourism.

To reach Azerbaijan's full potential, it is important to create the right conditions for investor confidence. This includes a greater involvement of civil society, and a free and independent media. The European Union is committed to a secure, stable and prosperous South Caucasus. We are the leading donor in demining in the country, for example. We have also discussed this very important topic. We have now just announced a new EUR-4.25-million package for this purpose. But we are also willing to offer machinery and skills in this very important field. All in all, the European Union is firmly attached to your region, Mr President. We value our partnership. And this partnership will consistently grow and deepen over time.

Thank you very much again for hosting us here. And thank you very much for the joint signing of the MoU.

Share news on social media

Follow us on social network

VIDEO

President Ilham Aliyev, President of European Commission made press statements VIDEO

Female judoka Mammadaliyeva and boxer Abdullayev to carry Team Azerbaijan flag at Paris 2024 Opening Ceremony

Azerbaijan and Israel explore prospects for educational cooperation

Inter Miami issues Lionel Messi injury update after Copa America final

Vietnamese President receives ambassadors of Turkic countries

“Birlestik-2024” international exercise ends

Azerbaijani female shooter earns Paralympic berth

Azerbaijan joins international roundtable on "Islamophobia and Education" in Malaysia

Baku hosts opening ceremony of Congress of Independence Movements from French-colonized territories VIDEO

Italy antitrust targets Armani, Dior after worker exploitation probes

US federal authorities warn of potential violence following Trump assassination attempt

Azerbaijani badminton players win two bronzes in Istanbul Youth Open 2024

Azerbaijan’s cultural capital of Shusha to host Vagif Poetry Days

Luka Modric signs new one-year Real Madrid contract

Azerbaijan`s Guba to host FIBA 3x3 Women's Series 2024

SOCAR and Slovenia`s Geoplin ink MoU on gas supply cooperation

Climate change is making days longer, scientists discover

Euronews: Summer in Azerbaijan has something for everyone

1 million Italians expected to be over 90 years old in next 3 years

® Birbank installment cardholders can now enjoy the option of paying in installments for their Trendyol payments

Centuries-old frescoes at Sumela Monastery in northeastern Türkiye undergo meticulous restoration

New Caledonian FM: We must find solution to steer away from this difficult path at Baku Congress

‘Baku Initiative Group announces scholarship for young people living in French colonies to study in Azerbaijan’ VIDEO

Member of New Caledonian Congress: Suppression of our rights by French state is inadmissible and unacceptable

ADB Approves Support for Rooftop Solar Systems in India

South Sudan faces growing humanitarian crisis, warns WHO

Bulgaria Is among European Countries with Biggest Share of University Graduates with Permanent Contract of Employment

Climate change making days slightly longer: Research

Azerbaijani energy minister meets with World Bank Regional Director for South Caucasus

IMF revises up Turkish economy's 2024 growth forecast to 3.6% from 3.1%

A cave on the moon is confirmed, and scientists suspect hundreds more like it could house future explorers

Magnitude 3.2 quake hits Azerbaijan’s Guba district

Azerbaijani oil price down in global markets

“Birlestik-2024” exercise demonstrates tactical episode, Defense Ministry VIDEO

Leadership of Azerbaijan Defense Ministry continues visit to Kazakhstan

Azerbaijan, Belarus discuss prospects for development of military-technical relations

Elon Musk plans to give $45 million a month to pro-Trump super PAC, WSJ reports

Gareth Southgate resigns as England head coach

® Nar congratulates students on the end of admission exams

Jeyhun Bayramov meets IOM Chief in Azerbaijan to discuss return of IDPs to their homes

Azerbaijan, Italy discuss developing of Middle Corridor and prospects of cooperation

Vaughan Gething resigns as first minister of Wales

® "Bakcell" introduced AI-powered "Tariff Advisor" in its app

® Digital Transformation and the Future of Artificial Intelligence: An Interview with Nariman Asadov

Volcanic activity continues at Mount Etna in Italy

Azerbaijan, Israel discuss energy cooperation

Baku to host 1st Congress of Independence Movements from French-colonized territories

Russia antivirus firm Kaspersky quits US after ban

Events held within “Birlestik-2024” exercise

Germany's rail system gets major overhaul

Rector of Transilvania University of Brașov visits Azerbaijan State University of Economics

Around the world walker set to swim Caspian Sea

Two Azerbaijani karate fighters shine in Kazakhstan Open

Roberta Metsola is re-elected president of European Parliament

Two hikers found dead in U.S. national park amid high temperatures

French superstar Kylian Mbappe signs contract with Real Madrid VIDEO

Azerbaijani rower ready for action in world championship in Bulgaria

IDEA organizes “Let’s protect gazelles!” environmental summer camp

PRCCSF Executive Director: Encouraging Azerbaijan-Pakistan private-sector partnerships will boost investment

Central Bank: $60 m worth of demand fully covered at FX auction

Azerbaijani defense minister visits Kazakhstan VIDEO

Scorching storms on distant worlds revealed

Azerbaijan presents 4th Voluntary National Review at UN headquarters VIDEO

Oil prices down in world markets

Trump makes 1st public appearance after assassination attempt

Kazakhstan’s low-cost carrier FlyArystan increases number of flights from Baku to Aktau

Azerbaijani oil price down in global markets

Spokesperson for US Department of State: Azerbaijan and Armenia have made incredible progress and have come a long way

Türkiye welcomes reopening of Azerbaijan’s embassy in Iran

Azerbaijan, World Bank discuss preparation of Country Partnership Framework for 2025-2029

Russian president’s special envoy: Specific decisions related to shallowing of the Caspian Sea are in preparation

Azerbaijan’s Central Election Commission holds regular meeting

Azerbaijan is one of Russia’s main partners, says Russian presidential envoy

Admission of new conscripts in military units continues, Defense Ministry VIDEO

Switzerland playmaker Xherdan Shaqiri ends national-team career after standout goal at Euro 2024

Kuwait announces 'giant' oil discovery

US literary portal publishes poem by Molla Panah Vagif - prominent poet of Azerbaijan

Azerbaijan’s Central Election Commission registers authorized representatives from three more political parties

'Serial killer' arrested after bodies found in Kenya dump

Treacherous Coup Attempt: July 15, 2016

Prime Minister Ali Asadov meets with World Bank Regional Director for South Caucasus

ANAMA: 397 unexploded ordnances neutralized over past week

Mazahir Panahov: Central Election Commission registered candidacies of 431 persons for parliamentary seats VIDEO

® Pay off your loans from other banks with favorable offers at Kapital Bank

Sambi Lokonga joins Sevilla on season-long loan

This Bill Gates-backed startup ıs making 'butter' from CO2 ınstead of cows

Kambwala leaves United and joins Villarreal

Egypt to drill oil, gas wells worth 1.2 bln USD in current fiscal year: minister

Azerbaijani mountaineer conquers world’s ninth-highest peak

Investments in Azerbaijan’s oil and gas sector witnessed growth

Argentina logs 520,000 dengue cases

Türkiye’s 1st homegrown satellite completes 3rd ignition in journey towards orbit

Australia not investing enough to prepare for catastrophic affects of H5N1 variant of bird flu, experts warn

Azerbaijani military pilots demonstrate high professionalism in “Birlestik-2024” exercise VIDEO

Azerbaijan, Morocco abolish visa regime

Azerbaijan’s Ministry of Ecology and Natural Resources, Agency for State Support to NGOs announce joint grant competition

James scoops Copa America best player award as Martinez seals Golden Boot

Gymnast Gasimli bags another gold for Azerbaijan at Scalabis Cup 2024

Azerbaijan’s population hits 10,197,146

At least 5 killed in bombing targeting a busy café in the Somali capital, police say

Taylor Swift ignites Milan's San Siro Stadium