The solution to the challenge of the energy transition is not the removal of natural gas from the energy balance but supporting its role as a bridge in this process, Minister of Energy of Azerbaijan Parviz Shahbazov told the attendants of the Summit of Heads of State and Government of the Gas Exporting Countries Forum (GECF).
“We are in favour of balance between energy security and the environment”, he underlined at the Summit. “From the beginning when we were a new source of energy security, along with diversifying routes and supply markets we also tried to achieve a variety of resources in energy balance”.
“The current energy crisis confirms that this is a more rational approach. One of the biggest projects of the 21st century – Southern Gas Corridor, as the product of a policy of reconciliation and diversification of the interests of all parties ensures uninterrupted flow of Azerbaijani gas to regional and international markets”, he added.
According to the Minister, the vision and coordinated action of gas market participants – consumer and producer countries is one of the key factors for stability in the energy market. As he underscored, Azerbaijan’s reliability as a supplier and a partner in energy security is based on a balanced energy policy aimed at accurate forecasting, international cooperation and development.