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The EU Signed A New Gas Deal With Azerbaijan

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Azerbaijan, which borders Georgia, Turkey, Armenia, Russia, Iran and the Caspian Sea, started exporting natural gas to Europe via the Trans Adriatic Pipeline at the end of 2020.

The EU signed a new gas deal with Azerbaijan amid growing fears about a Russian cutoff.

European Union after imposing sunctions on Russia have been preparing for a potential shutdown of gas from the country.

For several years Russia has been Europe’s most important source of natural gas, but now there is a firm push to reverse this.

European Commission President Ursula von der Leyen and Europe’s energy chief, Kadri Simson, were in Azerbaijan on to finalize the gas deal.

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In a statement, the EU commission said that Azerbaijan committed to delivering at least 20 billion cubic meters to the EU annually by 2027.

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