Azerbaijan and Georgia look to leverage their geopolitical glow up to build a new route to supply Europe with electricity. The two countries are planning to build an electricity cable that stretches beneath the Black Sea to southeastern Europe.
- Nov 05, 2022, 2:00 PM CDT
The two countries are planning to build an electricity cable that stretches beneath the Black Sea to southeastern Europe.Azerbaijan and Georgia are hoping to capitalize on their rising geopolitical significance and gain a new route to supply Europe with electricity. “The new project to be implemented is related to electricity. Azerbaijan is trying to export its electricity to world markets,” Azerbaijani President Ilham Aliyevduring a visit to Georgia on October 24. “Of course, our export direction passes through Georgia.”
“A new, far-reaching energy cooperation project is taking shape – one in which we Hungarians have a special interest,”on October 27 at a joint press conference with Garibashvili. “We want to create a huge new electricity supply system, the essence of which would be to bring energy from Azerbaijan to Hungary via Georgia and Romania. This would allow us to replace a large amount of natural gas, natural gas that today we use to generate electricity in Hungary.
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