European fee president Ursula von der Leyen is assembly Azerbaijani officers in Baku on Monday, and is predicted to shut a deal to extend imports of pure fuel to the EU.
The deal would assist the EU scale back its reliance on Russian power, and might additionally tackle issues over fuel provides after the Nord Stream 1 pipeline started scheduled upkeep final week.
Work on the pipline from Russia to Germany is because of proceed till the tip of this week, however the Russian Overseas Ministry mentioned that the way forward for the pipeline was linked to sanctions in opposition to Moscow.
In accordance with a doc seen by Reuters, the proposed deal between Baku and the EU would improve fuel circulation into the bloc via the Southern Fuel Hall pipeline.
"The Sides aspire to help bilateral commerce of pure fuel, together with via exports to the European Union, by way of the Southern Fuel Hall, of not less than 20 billion cubic metres of fuel yearly by 2027, in accordance with business viability and market demand," the doc mentioned.
Final yr, the pipeline transported 8 billion cubic metres of fuel into the EU.
The rise would require Azerbaijan to extend its home fuel manufacturing.
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