Azerbaijan and Bulgaria, along with other countries, provide for the implementation of the Southern Gas Corridor, President Ilham Aliyev

Baku, January 16, AZERTAC "Azerbaijan and Bulgaria, along with other countries, provide for the implementation of the Southern Gas Corridor," said President Ilham Aliyev as he made a press statement together with Bulgarian Prime Minister Boyko Borisov. "Of course, the main topic of today's talks was related to the energy sector. As you know, we are partners in this field. Azerbaijan and Bulgaria, along with other countries, provide for the implementation of the Southern Gas Corridor. Azerbaijan has rich gas fields. We have confirmed gas reserves of 2.6 trillion cubic meters. The construction of the Southern Gas Corridor will be yet another contribution from our side to the energy security of Europe," the head of state said. "At present, Azerbaijani oil provides for the energy security for many European countries, and the same function will be performed by the Azerbaijani gas in the near future. The implementation of the Southern Gas Corridor is progressing well. The progress of the Shah Deniz-2 project has reached 99 per cent. Shah Deniz-2 is the main resource base for the Southern Gas Corridor. At the same time, there are plans to complete the TANAP project this year. The progress of this project has also reached 90 per cent. Thus, the entire work is progressing on schedule, and this giant project is being successfully implemented. After the implementation of the Southern Gas Corridor, European energy security will have an even more sound basis, and we are pleased that Azerbaijan is contributing to that," President Ilham Aliyev added.