Energy

Economic projects can help the normalisation Armenia-Azerbaijan relations, but this should also include co-operation at the regional level, says Benyamin Poghosyan in this op-ed for commonspace.eu. He adds, "Armenia has strong potential to become an exporter of renewable energy to the EU. The participation of Armenia in the Black Sea Energy submarine cable project will contribute to the country’s economic development. It will boost regional economic cooperation, which is much needed to foster stability and security in the South Caucasus. It will strengthen the EU’s position and role in the region and is fully in line with overall EU strategy toward the South Caucasus".

Over the last month, the diplomatic traffic between Azerbaijan and the Eastern European countries has intensified in a remarkable way. The mutual high-level visits between Albania and Azerbaijan, as well as between Serbia and Azerbaijan in a short period of time over the last few months were a sign of the sides’ interest in bilateral cooperation in various fields, particularly in the field of energy. Azerbaijan is also involved in projects with the countries of the region within multilateral formats together with the European Union (EU). In this context, two major agreements signed this year provide a good basis for this cooperation both in the imports of natural gas and importantly green energy, writes Vasif Huseynov in this op-ed for commonspace.eu. These developments in the relations between Azerbaijan and the Eastern European countries brings with it also geopolitical approximation between the sides. As President Aliyev stated following the signing of the electricity deal in Bucharest, Azerbaijan’s contribution to European energy security creates an important bridge between the EU and Azerbaijan. The bridge between the two shores of the Black Sea forms a larger security architecture which increase the resilience of the regional countries in the face of national security challenges they face.

The leaders of France, Portugal and Spain announced on Friday (9 December) that the undersea pipeline between Barcelona and Marseille, expected to be completed by 2030, will transport exclusively hydrogen. Also present at the meeting in Alicante, European Commission President Ursula von der Leyen said the H2Med project "goes in the right direction" as it "has the potential to help us build a real European hydrogen backbone." "We will produce ten million tonnes of renewable hydrogen in the EU by 2030 and we plan to import in addition another 10 million tonnes. Hydrogen will have to reach our industry. This is why we also identified a series of strategic corridors including one crossing Europe from West to East, via the Iberian Peninsula." "This is why today I warmly welcome this agreement between France, Spain and Portugal", Von der Leyen said.