TODAY.AZ / Business

U.S. Ambassador: Southern Corridor to deliver gas to Europe at market prices

08 June 2011 [16:18] - TODAY.AZ
The U.S. and its European partners consider cooperation with Azerbaijan as a means to maintaining balance in energy markets, the US Ambassador to Azerbaijan Matthew Bryza told journalists on Wednesday.

"We support the Southern Corridor, as it will help to ensure the delivery of gas to European customers at market prices," Bryza said.

He stressed that the U.S. is very impressed with Azerbaijan’s progress and the project consortium’s work done over the last year to develop the major Shah Deniz gas condensate field.

According to Bryza, talks for the sale of gas from the field are in full swing, and the Shah Deniz consortium makes active efforts to develop a transit system to Europe.

"We hope that the talks on the Shah Deniz-2 will be completed, and that U.S. companies will be involved in this historic project," he emphasized.

Bryza called Azerbaijan a stable country. "There is social stability in Azerbaijan, which distinguishes it from the countries of the Middle East and North Africa," he said.


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URL: http://www.today.az/news/business/87790.html

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