The signed agreement paves way for new opportunities for cooperation regarding electricity, since Azerbaijan has surpluses in electricity production, as well as in the field of energy efficiency improvement, and regarding the exchange of experiences, technologies and new investments in RES.
There will be further discussion about future joint actions regarding the Southern Gas Corridor, as well as other energy and economic topics.The Serbia-Bulgaria interconnection opens numerous opportunities for cooperation in the gas sector and, with signing of this agreement, the working group will be formed that will mostly deal with this topic.
The information in this announcement does not represent legal advice and is provided for general informational purposes only.
05/06/2022
