British PM: 'Azerbaijan to play vital role in world economy'

British Prime Minister David Cameron congratulated Azerbaijani President Ilham Aliyev on the opening of the 19th Caspian Oil and Gas Exhibition in Baku, Azerbaijan.

"On behalf of Her Majesty's Government, I would like to congratulate His Excellency President Aliyev and the people of Azerbaijan on the occasion of the 19th Caspian Oil & Gas Exhibition and Conference," he said.

"Azerbaijan is at the heart of a region whose energy resources will play a vital role in the world economy in the years to come," he added. "Azerbaijan has been playing a central and active part in unlocking those resources for the benefit of all. The landmark Inter Governmental Agreement negotiated late last year, coupled with the announcement of work towards the Trans Anatolian Pipeline for the transport of Shah Deniz gas to Europe, will help make the Southern Gas Corridor a reality. This marks a step change in the diversification of European energy supplies. It is also important to enabling development of the region's hydrocarbon reserves. We are delighted that BP, the largest single foreign investor in Azerbaijan, has been so closely involved."

"There is still much hard work to do on this project, and many others waiting in the wings. I wish all those involved success in their efforts to provide a stable source of energy for the future. I wish all participants in this year's Caspian Oil and Gas Exhibition a successful week.''


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