Türkiye And Azerbaijan Set To Expand Energy Cooperation With New Projects, Says Minister

He noted that discussions are underway on the possibility oftransmitting electricity produced in Azerbaijan-especially fromrenewable sources-to Türkiye via Georgia and Nakhchivan:“Ofcourse, we want to connect this with the European market.” Bayraktar also announced that Türkiye will host the energyministers' meeting of the Organization of Turkic States (OTS) thisyear:“We plan to turn the ongoing bilateral cooperation withAzerbaijan into multilateral cooperation and thus expand theeconomic scope.” Emphasizing the importance of the Southern Gas Corridor,Bayraktar called it a“global project” that was realized thanks tothe strong political will of the two countries' leaders.

“Our goal is to increase TANAP's capacity from 16 billion cubicmeters to 31 billion cubic meters,” he said.“Türkiye, as always,is ready to do its part as both an important market and a naturalgas hub. The transportation of Azerbaijani oil via Türkiye throughthe Baku-Tbilisi-Ceyhan pipeline makes significant contributions toworld oil markets.



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