Energy, Aliyev: “Double Tap to export more gas”

“We are already exporting more gas” to Italy. “This year it will be about 10 billion cubic meters, much more than last year. To have even more, we need to expand the capacity of the TAP from 10 to 20 billion cubic meters.” Thus the president of Azerbaijan, Ilham Aliyev, on the sidelines of the The European House – Ambrosetti forum in Cernobbio. “We only have a 20% stake in the TAP, so the other shareholders must also agree and must do so soon. The EU also agrees to increase the import of Azerbaijani gas by 2027. And at that point will need to renegotiate the contracts “, he continued. “We have already started negotiations, Italy is our most important partner, since we started exporting, we have exported 13.5 billion cubic meters to Europe in the course of a year and a half, of which 11.7 billion in Italy ”, concluded Aliyev.