The Azerbaijan State News Agency

ECONOMY

EU COMMISSIONER WELCOMES TURKEY-AZERBAIJAN GAS AGREEMENT

29.04.2010 [11:29]
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Baku, April 29 (AZERTAC). Günther Oettinger, the EU commissioner responsible for energy, welcomed Wednesday an agreement in principle between Turkey and Azerbaijan on gas transit.

“Turkey and Azerbaijan are our indispensable partners for the realization of the Southern Corridor for gas,” Oettinger said.

“This agreement between such two important partners opens the way for a strategic allocation of gas that will underpin the Southern Corridor and provide energy security to Turkey and the EU,” he added.

The commissioner noted “by making a commitment to transit through Turkey, Azerbaijan is cementing itself as a leading partner to the EU in the Caucasus and Caspian regions.”

Earlier, Turkish Energy Minister Taner Yildiz had said Turkey and Azerbaijan had reached an agreement in principle for the price of natural gas.