“It helps diversify our energy supply sources and transit routes. At the end of the day, we all stand to gain from this 'bridge' between the EU market and the Caspian region, as our long-term objective is to create a pan-European energy market based on free trade, competition and diversified supplies, sources and routes,” he said.

As for the upcoming Southern Gas Corridor Advisory Council Ministerial Meeting to be held in Baku Feb.15, Sefcovic said that the Council is crucial for streamlining the development and implementation of the Southern Gas Corridor by bringing together all the countries and stakeholders involved.

“During its 4th meeting tomorrow, I am looking forward to receiving a detailed update from the operators and consortia on various projects of the Corridor, which is of strategic importance for the European energy security. We will discuss what has been achieved as well as remaining challenges in order to ensure timely completion of the Corridor and even possible extension in the future,” noted the vice-president for Energy Union.

Sefcovic said that during the meeting, he wants to underline Europe's firm commitment to completing this strategic project.

Masaim Abdullayev,

“Khalq qazeti”