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Greece seeking corridor to transport Azeri gas

19 March 2008 22:35 (UTC+04:00)
Greece seeking corridor to transport Azeri gas
Athens is interested in creating an energy corridor between Azerbaijan, Turkey, Greece and Italy to take Azerbaijani gas to European markets, Greek Minister of Development Christos Folias has said on a visit to Baku.
"Azerbaijan and Greece take the same position in this respect," Folias told the press after meeting Minister of Energy and Industry Natig Aliyev on Monday.
He said Greece was seeking to buy 1 billion cubic meters of gas a year from Azerbaijan and that the resource-rich South Caucasus republic had capabilities to supply the volume.
Aliyev said there were some problems with the transportation of Azerbaijan's gas to Greece.
"There is no inter-governmental agreement on transit between Azerbaijan and Turkey, which is impeding the transportation of gas to Greece through Turkey. This issue should be solved first," the minister said.
He added that matters concerning the purchase and sale of gas have yet to be resolved between the two countries.
Ankara wants concessions for the transit of gas produced from Azerbaijan's offshore field Shahdaniz and refuses to purchase gas for European prices.

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