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The EU and Azerbaijan want to increase gas supply volumes via the Trans-Adriatic Pipeline (TAP). (Image: Tap AG)
Baku (energate) - Azerbaijan wants to double the capacity of the southern gas corridor. By 2027, at least 20 billion cubic metres of gas per year are to flow towards the EU. This was agreed between the EU Commission's President Ursula von der Leyen and Azerbaijan's President Ilham Aliyev. In return, the EU will invest around 60 million euros in the Azerbaijani economy by 2024. The agreement covers gas volumes, but not prices or the duration of the contracts, an expert fr ...
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