Oettinger: Southern Gas Corridor is Europe`s new gas source


February 20, Fineko/abc.az. Azerbaijan and the State Oil Company of Azerbaijan (SOCAR) are strategic energy partners of the European Union.

Günther Oettinger has stated at a press conference within the framework of the 5th Baku Ministerial Meeting of the Southern Gas Corridor Advisory Council of the European Commission on Budget & Human Resources that the Netherlands is now the main source of natural gas in Europe.

"But natural gas in the Netherlands is decreasing every year and that means Europe needs new sources. The Southern Gas Corridor is a new source and a new route," Oettinger underlined.

He pointed out that Azerbaijan and the European Union share a common goal - to increase gas supplies by 20-25 bn cu m over the next 10 years.