Critical agreement from Türkiye with 3 countries! Minister Bayraktar announced: TANAP of electricity

Türkiye, Azerbaijan, Bulgaria and Georgia signed a strategic partnership agreement to strengthen cooperation in the energy sector, especially clean energy, and to improve regional energy connectivity.

4 COUNTRIES SIGNED

Within the scope of the 31st Conference of the Parties (COP31) to the United Nations Framework Convention on Climate Change, held in Antalya, hosted by Türkiye, the "Agreement on Strategic Partnership in the Field of Clean Energy" was signed between the governments of Turkey, Azerbaijan, Bulgaria and Georgia.

The signatures on the agreement were made by the Minister of Energy and Natural Resources Alparslan Bayraktar, the Azerbaijani Minister of Energy Perviz Shahbazov, the Bulgarian Minister of Energy Iva Petrova and the Georgian Minister of Economy and Sustainable Development Mariam Kvrivishvili.

REGIONAL ENERGY SUPPLY SECURITY WILL BE SUPPORTED

Within the scope of the agreement, it is aimed to develop cross-border transmission, distribution and trade of electricity produced from clean energy sources, to create technical, commercial and regulatory conditions to ensure safe, reliable and uninterrupted electricity transmission between countries, and to support the integration between electricity networks.

In addition, within the scope of the project, it is envisaged to develop communication and data transfer via fiber optic cables in order to support the provision of energy services.

The agreement aims to strengthen regional energy supply security, increase clean energy trade, diversify energy resources and develop a long-term strategic energy partnership between the four countries.

Minister Bayraktar noted the following in his evaluation of the agreement:

TANAP OF ELECTRICITY

"With this project, which we describe as the TANAP of electricity, we aim to deliver electricity produced from clean energy sources to European markets via the Azerbaijan-Georgia-Turkey-Bulgaria route. This step we have taken at a time when electrification is gaining momentum will strengthen the energy ties between our countries, offer new opportunities to clean energy trade and contribute to Europe's security of supply. I hope that the agreement, which reflects the common will of the four countries, will be beneficial for our countries and our region."