The European Commission and the Azeri government have sealed a preliminary deal for expanding the Trans-Adriatic Pipeline that brings Azeri gas into Europe as part of the EU’s efforts to reduce its dependence on Russian gas. “The Sides aspire to support bilateral trade of natural gas, including through exports to the European Union, via the Southern Gas Corridor, of at least 20 billion cubic metres of gas annually by 2027, in accordance with commercial viability and market demand,” the draft memorandum of understanding said,…
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