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February 6, 2023
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Azerbaijan, Georgia, Romania and Hungary sign Agreement on Strategic Partnership in the field of green energy development

The Agreement between the governments of the Republic of Azerbaijan, Georgia, Romania and Hungary on the Strategic Partnership in the field of green energy development and transport was signed, on Saturday, at the Cotroceni Presidential Palace, in the presence of President of the European Commission Ursula von der Leyen and President Klaus Iohannis.

The Agreement was signed by the President of the Republic of Azerbaijan, Ilham Aliyev, Prime Minister of Georgia Irakli Garibashvili, Prime Minister of Romania Nicolae Ciuca, and Prime Minister of Hungary, Viktor Orban.

The Agreement will provide the financial and technical framework for the implementation of the project of the submarine cable for the transport of electricity from renewable sources between Romania and Azerbaijan, via Georgia and the Black Sea, and, subsequently, for the transport of this energy to Hungary and the rest of Europe, through the European transport system.

The Black Sea Submarine Cable Project is part of the agreements in the energy field between the EU, represented by the EC, and Azerbaijan, also being a flagship project for Georgia, as part of the EU Global Gateway strategy.

 

EC President: We can say that both sides of the Black Sea have never been closer

 

The Agreement between the governments of Azerbaijan, Georgia, Romania and Hungary on the Strategic Partnership in the field of energy development and transport will connect the two shores of the Black Sea and could transport electricity to the Republic of Moldova, the Western Balkans and Ukraine, President of the European Commission, Ursula von der Leyen said, on Saturday, in Bucharest.

” Since the beginning of the Russian war, we have decided to abandon Russian fossil fuel and diversify our options towards reliable partners in the energy field, such as those present at this table. And it is working. The European Union has been able to offset the reductions in Russian gas. But we’re not just talking about managing a new geopolitical situation. It’s about creating a future for us in terms of clean, accessible and safe energy sources, and these are the forms of renewable energy,” said the head of the European Commission.

She said that this project will connect the two shores of the Black Sea and further to the Caspian Sea region, both in terms of digital communication as well as energy.

“The electric cable under the Black Sea presents multiple opportunities. This project could bring considerable benefits to Georgia, a country with a European destiny. It could turn the country into an electricity hub and integrate it into the EU electricity market. The cable under the Black Sea could transport electricity to our neighbors in Moldova and the Western Balkans and of course to Ukraine. It will help to rebuild the Ukrainian energy system and to rebuild the country”, stressed Ursula von der Leyen.

She concluded that, in this context, we can say that both sides of the Black Sea have never been closer.

 

President Iohannis: The agreement on the Strategic Partnership in the field of energy development and transport is a crucial, ambitious document

 

President Klaus Iohannis said, on Saturday, that the agreement between the governments of Azerbaijan, Georgia, Romania and Hungary on the Strategic Partnership in the field of energy development and transport is a “crucial”, “ambitious” document ‘, which will make a serious contribution to strengthening European energy security and will contribute to cooperation in the region.

“Given the current security environment due to the military aggression against Ukraine, we need to cooperate better and show more solidarity to address the current obstacles. This agreement constitutes a framework for long-term cooperation between our countries in a number of of very important fields, firstly, energy production, transport and trading, then the development of new infrastructure, including a submarine cable under the Black Sea, then green hydrogen projects and then efficiency. This is an ambitious agreement that shows that together we can make a serious contribution to strengthening European energy security and it will contribute to a sustainable rise of cooperation in the region,” said the head of state, at the Cotroceni Presidential Palace.

He emphasized the importance of green energy.

“The current situation affects us all. The security climate and economic difficulties mean that there is a need for more interconnections, more cooperation at the regional and global level. Our energy cooperation (…) will increase our adaptability in the energy field, but also the number and quality of transport routes. The potential of green energy in the Caspian area, especially in Azerbaijan, is high. There is a need for forward thinking and taking the initiative in this matter in our region,” said the head of state.

President Iohannis said that the next stage is the submarine cable from the Black Sea.

“We also want to increase maritime transport links from Constanta to Georgia. These efforts will also boost connectivity with Azerbaijan and further with Central Asia,” he added.

 

President Ilham Aliyev: Azerbaijan to become important supplier of energy to Europe, especially green energy

 

The President of the Republic of Azerbaijan, Ilham Aliyev, said on Saturday that his country will become an important supplier of electricity for Europe, especially green energy. “This agreement is a step to create a green energy corridor. (…) Azerbaijan is widening its geographical range of action by supplying gas to European markets. It is a win-win situation because Europe needs to strengthen its security energy, and Azerbaijan needs outlets for the huge resources it has. Today we are starting to build a new ‘bridge’ from Azerbaijan to Europe. Our country will become an important supplier of electricity to Europe, especially green energy,”, said the President of the Republic of Azerbaijan.

He also showed that last year, his country exported 8.2 billion cubic meters of gas to the EU, and this year exports amounted to 11.3 billion cubic meters of gas.

“Next year there will be at least 11.6 billion cubic meters of gas,” informed Ilham Aliyev, recalling the signing by Romgaz of a gas delivery agreement from Azerbaijan to Romania starting in January.

 

PM Ciuca: Romania, committed to investing in energy production and energy infrastructure

 

Prime Minister Nicolae Ciuca said, on Saturday, that the agreement between the governments of Azerbaijan, Georgia, Romania and Hungary on the Strategic Partnership in the field of green energy development and transport “meets an urgent need to increase the share of green energy and energy security”, showing that our country is committed to investing in energy production and energy infrastructure.

“The agreement meets an urgent need to increase the share of green energy and energy security. The presence of the EC president underlines the strategic importance of the agreement from the EU perspective. In times of crisis, we must remain united, pool our potential and resources together. Romania is committed to investing in energy production and energy infrastructure and, in cooperation with our partners, to promoting energy security for us and the entire region. Consequently, Romania will play an important role as a transit country and as an energy hub, offering alternatives to our neighbours and partners in the EU, but also to the Republic of Moldova and Ukraine. The agreement represents a step forward towards the strengthening of long-term bilateral cooperation in the energy field,” said the Prime Minister, at the Cotroceni Presidential Palace.

He stated that the signing of this document represents an “important milestone in the EU’s efforts to increase the share of green energy in the fight against global warming and to strengthen the capacity to cope in this field”.

 

Hungarian PM Viktor Orban: History of the European economy, when we imported energy from Russia, is over

 

The history of the European economy, when we imported cheap energy and raw materials from Russia, is over, Hungarian Prime Minister Viktor Orban said on Saturday in Bucharest.

“We want to have economic growth and security. However, we do not have a new strategy and in this situation we, the leaders, must make sure that we will provide our peoples with economic and energy security. We are here together because we agreed that the solution is to identify new sources of renewable energy for Europe. But this remains only a dream until we have the actual conditions to make the connections. We have such sources all around Europe, and the Caspian Sea region is one such region,” said the head of the Budapest Executive, according to the official translation.

“We, in Hungary, are proud to be able to participate in such a unique, strategic investment, because it is increasingly important to be innovative and find innovative solutions. We are now preparing to build the longest submarine electricity transmission cable. If I were 30 years younger, I would say that it is like rock’n’roll to build such a cable under the sea,” Viktor Orban also said.

 

PM Garibashvili: The Strategic Partnership in the field of green energy confirms Georgia’s willingness and desire to cooperate in the matter of ensuring renewable electricity supply

 

The Strategic Partnership in the field of green energy confirms Georgia’s willingness and desire to cooperate in the matter of ensuring renewable electricity supply, Georgian Prime Minister Irakli Garibashvili said on Saturday in Bucharest.

“The geopolitical issues and the war in Ukraine have created the need for diversification and the ability to adapt, especially in the energy field. Georgia’s strategic location makes us a natural bridge between the West and Central Asia,” the Georgian Prime Minister pointed out in his speech.

He said that his country is investing in expanding and modernizing the energy and communications infrastructure, in compliance with European standards.

Thus, the Black Sea Submarine Cable Project presents a “very important perspective”.

 

Compiled from Agerpres

Photo: www.presidency.ro

 

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