Gas company in Ukraine. File photoKYIV, Feb. 5Deputy Minister of Energy of Ukraine for European Integration Yaroslav Demchenkov took part in the Eighth Ministerial Meeting of the Advisory Council of the Southern Gas Corridor in Baku, during the event, the official said that Ukraine's underground gas storage facilities and the Southern Gas Corridor will contribute to Europe's energy security, according to the ministry's website. the issue of strengthening the energy security of the region, in particular by diversifying natural gas supply routes, is important for Ukraine from Azerbaijan to the EU and further strengthen the security of natural gas supplies to the region.Just like the completion of the Southern Gas Corridor, this task will require joint efforts.We sincerely we do not welcome the readiness of our Azerbaijani partners to support this initiative,» the press service quoted Demchenkov as saying. He stressed that the Republic of Azerbaijan is a strategic partner of Ukraine in the energy sector, especially in the development of the oil and gas complex. The release clarifies that Azerbaijani Energy Minister Parviz Shahbazov noted that the Southern Gas Corridor promises transit benefits for a large number of countries. And this symbolizes the strengthening of energy security and the establishment of multifaceted cooperation along the corridor. This requires a new stage of activity, including signing contracts, attracting investments, increasing gas production and establishing interconnectors. «We are ready to cooperate with the European Commission and with our partners in other countries who want to purchase additional volumes of gas or import and export gas, contribution to the development of the Southern Gas Corridor,» Shakhbazov emphasized.
