Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca, Ministry of Health launch early detection and treatment campaign against liver cancer    US Venture Global LNG to initiate LNG operations by mid-24    AstraZeneca injects $50m in Egypt over four years    IMF's Georgieva endorses Egypt's reforms at Riyadh WEF Summit    Egypt, AstraZeneca sign liver cancer MoU    IMF head praises Egypt's measures to tackle economic challenges    US to withdraw troops from Chad, Niger amid shifting alliances    Africa's youth called on to champion multilateralism    AU urges ceasefire in Western Sudan as violence threatens millions    Egypt's c. bank issues EGP 55b T-bills    Nasser Social Bank introduces easy personal financing for private sector employees    Next-generation philanthropy in MENA: Shift towards individualized giving    Negativity about vaccination on Twitter increases after COVID-19 vaccines become available    US student protests confuse White House, delay assault on Rafah    Italy hits Amazon with a €10m fine over anti-competitive practices    Environment Ministry, Haretna Foundation sign protocol for sustainable development    World Bank pauses $150m funding for Tanzanian tourism project    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Climate change risks 70% of global workforce – ILO    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Egypt forms supreme committee to revive historic Ahl Al-Bayt Trail    Debt swaps could unlock $100b for climate action    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Azerbaijan warns of risks to Caspian energy exports from conflict with Armenia
Published in Ahram Online on 18 - 07 - 2020

Azerbaijan warned on Saturday about security risks to the oil and gas it supplies to European markets due to the outbreak of hostilities at its border with Armenia.
Elshad Nassirov, vice president of Azeri state energy company SOCAR, said on a conference call some of the energy infrastructure involved in shipping Caspian oil and gas to world markets is located in the vicinity of the current military operations.
Fifteen servicemen from Azerbaijan and Armenia and one Azeri civilian have died since Sunday in clashes between the two countries, who fought a war in the 1990s over Azerbaijan's breakaway region of Nagorno-Karabakh.
Nassirov told the call that if they looked at a map they would see that clashes had taken place near some of its infrastructure. He said the Baku-Tbilisi-Ceyhan oil pipeline, the Baku-Supsa oil pipeline, the Baku-Tbilisi-Erzrum gas pipeline and some other facilities were located not far from the territory where clashes had taken place.
Nassirov also referred to the Trans-Adriatic Pipeline, the last stretch of the Southern Gas Corridor which also includes two other pipelines running via Georgia and Turkey - important because its completion means the whole corridor will be operational, reducing Europe's dependence on Russian gas supplies.
"The pipeline will be ready and operational in time in October-November this year," he said.
Armenia on Saturday also warned about security risks to the region coming from Azerbaijan after Baku said on Thursday it might strike the Metsamor nuclear power plant.
"This is a statement that should be unequivocally considered a crime against humanity ... it should be given an appropriate international response and probe," Armenian Prime Minister Nikol Pashinyan said.
Speaking on the conference call organised by U.S.-based think-tank the Caspian Policy Center, details of which were published on the group's website, Nassirov called on the West to help protect its energy exports.
"I would use this opportunity to invite our colleagues in Washington and elsewhere to think about how fragile ... this region is and to think how to provide ... military and physical security to the corridor, which is providing energy security to Europe," Nassirov said.


Clic here to read the story from its source.