The Azerbaijan State News Agency

POLITICS

Azerbaijan's energy policy, based on peace and cooperation

Azerbaijan's energy policy, based on peace and cooperation

Baku, March 5, AZERTAC

“Following its early 1990s independence and international recognition, Azerbaijan pursued transparent management and distribution of its natural resources in order to safeguard the interests of all parties involved, including governmental interests. During the initial years of its independence, Azerbaijan endeavored to establish democratic statehood customs and governance methods grounded in multicultural principles,” said Milli Majlis member Mazahir Afandiyev in his statement.

“The nation's leader, Heydar Aliyev, led the signing of the Contract of the Century in 1994 as a consequence of his persistent efforts, which at the time guaranteed the interests of all parties in the continued development of the world and the region and has preserved its stability to this day. The Contract of the Century's implementation gave the Azerbaijani state more international legitimacy and authority, in addition to making it a trustworthy ally. One of the main pillars of our independence, the oil accord, also served as a significant source of funding for the expansion of our economy and the Second Karabakh-Patriotic War Victory.

President Ilham Aliyev views energy policy as the primary tool to protect Azerbaijan's integrity, stability in the region, and safe, sustainable growth. He has made energy policy a priority in the country's multi-vector foreign policy. In addition to implementing several large-scale projects to connect the North-South and West-East logistics corridors over the past 20 years, our nation has remained dedicated to an energy strategy based on fresh obstacles during a time when the political landscape of the world has changed. All of this heightens the interest that the European Union and its member states have in Azerbaijan.

These days, Azerbaijan is successfully managing its oil contracts and growing its gas output quantities annually. Meanwhile, identifying alternative energy sources, which is one of the challenges of the fourth industrial revolution, enriching the green agenda, and being an integral part of Azerbaijan's energy policy, plays an important role in the development and implementation of future projects.

Our nation has come a long way in the last few years in providing natural energy to other nations. The nation helped to diversify the TAP and TANAP gas pipelines, which have a length of over 3,500 kilometers and traverse over 20 nations as well as over 40 foreign businesses. This allowed for the production of gas to be supplied to the European market.

Because of its involvement in the Southern Gas Corridor project, Azerbaijan, which has shown the entire world that it is a trustworthy partner, is currently creating a new chapter in its spectacular history. “Our word means the same as our signature. All the plans, which we've put in front of ourselves, I'm sure, will be implemented,” President Ilham Aliyev noted during his speech at the 10th Southern Gas Corridor Advisory Council Ministerial Meeting and the 2nd Green Energy Advisory Council Ministerial Meeting held on March 1, 2024, in Baku.

Our nation has shown positive leadership in the development of alternative energy sources and the global solution of environmental issues through the hosting of the Southern Gas Corridor Advisory Council's anniversary meeting and the Green Energy Advisory Council's second ministerial meeting.

In addition to its natural gas and oil resources, Azerbaijan will start utilizing alternative wind and solar energy as soon as possible based on agreements reached. This will open up more chances to save natural resources, decarbonize the economy, and stop pollution in the environment overall, as stipulated in the Paris Climate Agreement.

As a result, the three-year-old Southern Gas Corridor project is not only one of Eurasia's biggest infrastructure undertakings, but it also advances global peace and stability as well as the political, cultural, and economic links between the peoples of the states bordering the pipeline.

The fact that Azerbaijan is hosting COP29 this year with the unanimous consent of all states around the globe is not a coincidence. This demonstrates unequivocally the importance that our nation places on global energy initiatives as well as energy policy in general,” the statement said.

Share news on social media

Follow us on social network

Azerbaijani beach volleyball players win silver in Latvia

Azerbaijani karatekas return from European Karate Championship with three medals

Hamburg reaches deal with logistics magnate to build new opera house

Azerbaijan Community: This is a direct provocation against Azerbaijan’s religious and cultural dignity

Azerbaijani boxers win six medals in Serbia

Common sleep medication may prevent brain from clearing 'waste'

The link between headache disorders and suicide—a 25-year Danish cohort study

Dozens killed in bus crash in southern Mexico

Concert of Azerbaijani composers' music held in Paris

Heydar Aliyev Foundation receives Hamdan-ICESCO Prize for Voluntary Development of Educational Facilities in Islamic world

"Diwani Lughat al-Turk" international exhibition opens in Kazakhstan

About 200 people relocated after fatal landslide in SW China's Sichuan

Astana hosts concert of Turkic peoples' music "Tamyr"

Hamas releases 3 more Israeli captives amid Gaza ceasefire deal

Pakistani GovInsider: Azerbaijan’s journey towards proactive e-services to citizens

Azerbaijan Army’s marines participate in AMAN-25 Exercise and AMAN Dialogue

Bayern Munich 3-0 Werder Bremen: Kane and Sane stretch Bundesliga leaders' advantage

“Winter Fairy Tale” International Music Festival kicks off with grand opening ceremony in Gabala

Azerbaijani delegation attends quadrilateral meeting on green energy cooperation in Türkiye

Pakistani teenage girl appointed UNICEF's Youth Advocate for Climate Action

Heydar Aliyev International Airport: Flight safety is fully ensured and all flights operate on schedule

Azerbaijan, Caribbean Community discuss cooperation

Italy does not sign against US sanctions on ICC

Missing commuter plane found crashed on Alaska sea ice and all 10 aboard are dead, authorities say

Italy’s Aeolian island residents spooked by quake

Gothenburg to host 2027 MTB Euro Championships

Trial continues for individuals of Armenian origin accused of committing crimes against peace and humanity, war and other grave crimes

Azerbaijan, Armenia exchange views on clarifying fate of missing persons

Nizami Ganjavi International Center hosts official reception on 12th Global Baku Forum

Azerbaijan’s Foreign Ministry outlines main priorities for 2025

President Ilham Aliyev attended inauguration of new park near “Ganjlik” metro station in Baku VIDEO

® Baku hosts conference on innovative digitalization solutions

Astana hosts 2nd meeting of Council of Turkic Culture and Heritage Foundation

SBI Markets: Azerbaijan's investment climate is positive - INTERVIEW

Tesla sales crash in Germany as CEO Musk continues political activism

Azerbaijani MPs to attend Sixth World Conference of Speakers of Parliament in New York

January 2025 transfer window breaks multiple records in both men’s and women’s football

Online sales of Azerbaijani products launch in Turkmenistan

Azerbaijan's figure skater grabs bronze in Italian tournament

Real Madrid legend Sergio Ramos signs for Liga MX's Monterrey

'Ionic wind' vortex ring launchers extinguish fires cleanly and safely

Azerbaijani freestyle wrestlers claim two more medals in Zagreb Open 2025 Ranking Series

Bank Respublika starts cooperation with Baku Higher Oil School

FIFA suspends Congolese Football Association and Pakistan Football Federation

6.0-magnitude quake hits south of Fiji Islands

Head of Presidential Administration Samir Nuriyev introduces new Minister of Finance to staff

Trump signs order imposing sanctions on International Criminal Court over investigations of Israel

The Order of the President of the Republic of Azerbaijan
On appointing A.R.Aliyev as Minister of Labour and Social Protection of Population of the Republic of Azerbaijan

Two dead after plane crashes into vehicles on busy road in Sao Paulo

Azerbaijani Para taekwondo fighters aim for 'medal rush' in Turkish tournament

Somali Council of Ministers approves cooperation agreements with Azerbaijan

Severe weather disrupts air traffic in South Korea

Kazakhstan ranks among world's top 50 countries for FDI

® Solid business performance and record tax payments by Carlsberg Azerbaijan in 2024

Turkish President Recep Tayyip Erdoğan expresses gratitude to President Ilham Aliyev on behalf of Turkish people

Amazon follows Google, Meta, and Microsoft with plans to boost spending on AI

“Garabagh University Clinic” public legal entity to be established - ORDER

Magnitude 3.1 quake jolts Caspian Sea

Alaska authorities search for missing passenger plane with 10 on board

Scientists predict devastation if asteroid Bennu strikes Earth in 2182

Azerbaijan and Slovakia hold first consular consultations

Bulgarian scientists developing antibacterial surfaces for restoring damaged bone tissue

Premier League considers cutting winter transfer window to two weeks

Azerbaijan sends additional humanitarian aid consisting of electrical equipment to Ukraine

“Winter Fairy Tale” International Music Festival to begin in Gabala today

Air pollution kills 100 children every day in East Asia, Pacific: UNICEF

Omega-3 supplements slow biological ageing

Overall, people feel better about life in the morning

7 killed in floods, landslides in northeast Brazil

Oil prices surge in global markets

6.0-magnitude quake hits Southwest of Sumatra, Indonesia

Azerbaijani oil approaches $77

Trial continues for individuals of Armenian origin accused of committing numerous crimes against Azerbaijani people

UEFA weighs up scrapping extra time for Champions League knockout rounds

Azerbaijan’s NGOs to present digital map of Armenia’s environmentally hazardous enterprises

2 pilots die in light aircraft crash in Moscow region

Azerbaijan names badminton line-up for upcoming European Championships in Baku

Commission on Combating Corruption convenes meeting

Russian Foreign Ministry confirms Moscow`s receipt of note verbale on terminating activities of “Russian House” in Baku

Symposium held at Central Military Polyclinic of the Defense Ministry

UK to make it easier to build nuclear reactors

® Azercell supports women entrepreneurs in Sheki

Azerbaijan’s Foreign Ministry: Note verbale sent to Russian side, terminating activities of “Russian House”

January 2025 the warmest on record: Copernicus

Turkish officials mark 2nd anniversary of 2023 earthquakes

SOCAR and UAE’s Crescent Petroleum company discuss prospects for cooperation

The Order of the President of the Republic of Azerbaijan
On appointing S.R.Babayev as Minister of Finance of the Republic of Azerbaijan

Three policemen killed, 5 injured in terrorist attack in Pakistan

Former Real Madrid star Marcelo retires from football

6th UAE aid ship arrives at Al Arish Port with relief for Gaza

Two young Azerbaijani badminton players enter BWF’s Top 100

Businessmen of Kyrgyzstan and China sign 19 agreements worth $700 million

Loon-like waterfowl from dinosaur-era Antarctica is oldest 'modern' bird

BSU, Suleyman Demirel University of Kazakhstan sign memorandum of understanding

SOCAR, Slovenian companies explore prospects for expanding cooperation

Belarus sends humanitarian aid to flood victims in Kenya

SOCAR, Tatarstan’s companies discuss cooperation prospects

Asteroid impact on moon blasted two grand canyons in 10 minutes

Central Bank fully covers $54.5 million demand at FX auction

Aircraft crashes in southern Philippines