We plan to double or increase gas supplies even more, President of Azerbaijan Ilham Aliyev said, making a press statement following the meeting with Prime Minister of Hungary Viktor Orban and signing bilateral documents, Trend reports.
"Our successful policy and joint steps in recent years have created a very strong foundation for cooperation in the field of energy today. Prime Minister has recalled that great work was done on the NABUCCO project. However, the NABUCCO project was not implemented because the financial sources had not been identified. Nevertheless, Azerbaijan worked hard to deliver its gas resources to European markets and, as a result, the Southern Gas Corridor was implemented two years ago. This is very modern energy infrastructure, its length is 3,500 kilometers, and Azerbaijan has been delivering its natural gas resources to the European Union for two years now.
According to the document we signed with the European Commission last year, we plan to double our gas supply, perhaps even more than double. The resources to do that are available, and so are political will and contacts with our partners.
I am very glad that we have now revived the NABUCCO project, which was once consigned to history. Through interconnectors, Azerbaijani gas will be delivered to Bulgaria, then to Romania, then to Hungary, and after Hungary to other European countries. We have also discussed this. Hungary is not only a consumer of Azerbaijani gas but will also act as a transit country for Azerbaijani gas to other European countries," President Ilham Aliyev said.