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Southern Gas Corridor to bring regional stability - Top official

26 September 2013 09:05 (UTC+04:00)
Southern Gas Corridor to bring regional stability - Top official

The Southern Gas Corridor is first inauguration happened in Baku plus construction of the rail road connecting Azerbaijan, Georgia and Turkey, Azerbaijani Foreign Minister Elmar Mammadyarov said at the opening of Caspian Forum New York on September 25.

This project strengthens the sovereignty and independence, change the whole picture of the country, Mammayarov added.

According to minister, it has strategic importance and strong impact for the whole region with one pipeline.

"This pipeline is not just a supplier but also our independence and soverimigty. We should appreciate the United States for this project. Clinton helped a lot", Mammadyarov said.

He went on to say that $50 billion -project has huge strategic importance, it is whole market of Azerbaijan and beyond.

"We are moving in the right direction. Hope in the next 5 years this success will continue", Minister said.

According to minister, strategic project will bring stability, security and predictability in the region.

The Forum is designed to host Heads of States, Prime Ministers, Ministers of Foreign Affairs and other high level bureaucrats, top executives and relevant officials of international energy, infrastructure, law, security and consultancy companies, representatives of the academic world, policy institutions and media to discuss the Southern Gas Corridor in terms of European energy security, presenting networking opportunities at the highest level.

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