Azerbaijan’s dual energy strategy aligns with Europe’s diversification goals
At a time when global energy competition is intensifying, possessing energy resources is a significant advantage because, in many ways, energy equates to economic power. A strong economy, in turn, ensures influence on the global stage. In this context, it is essential to use both traditional energy sources efficiently and to leverage alternative energy resources. Azerbaijan’s economic strategy aligns precisely with this vision. The country employs a smart approach to utilizing its abundant carbon and hydrogen resources: it channels revenues from the oil and gas sector to diversify its economy and exports energy to major markets such as Europe. At the same time, Azerbaijan is not content with relying solely on fossil fuels—it is actively developing new alternative energy projects and launching large-scale initiatives for the direct export of this energy. Azerbaijan plays a dual role, both as a producer and as a transit hub, in the evolving regional energy landscape.
Azerbaijan continues to consolidate its position as a strategic energy partner for Europe. According to the Ministry of Energy, the total volume of natural gas supplied from Azerbaijan to Europe has now surpassed 50 billion cubic meters (bcm), a figure that highlights the country’s growing role in the continent’s energy landscape. This achievement comes through........
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