Germany Secures Gas and Oil from Azerbaijan in New Deal
Translated from Slovak, summarized and contextualized by DistantNews.
At a glance
- Germany and Azerbaijan signed an agreement on gas and oil supplies, establishing a joint economic council to deepen bilateral relations.
- Azerbaijan, rich in energy resources, is a key partner for Germany as it seeks to reduce its dependence on Russian gas following the invasion of Ukraine.
- Current agreements provide for 1.5 billion cubic meters of gas annually, with potential for larger volumes requiring new pipeline infrastructure.
German Chancellor Friedrich Merz and Azerbaijani President Ilham Aliyev signed a deal in Berlin on Tuesday for gas and oil supplies. The leaders also announced the creation of a joint economic council to strengthen ties between Germany and the South Caucasus nation.
Aliyev highlighted Azerbaijan's status as an "interesting partner" with surplus energy resources, capable of helping Germany secure its energy supply. Since Russia's invasion of Ukraine, Berlin has been actively seeking alternatives to Russian natural gas.
Azerbaijani natural gas has been flowing to Germany since the beginning of the year under agreements for 1.5 billion cubic meters annually. Aliyev indicated that Azerbaijan could supply larger quantities in the future, but this would necessitate the construction of additional pipeline infrastructure.
interesting partner
Originally published by SME in Slovak. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.