Trend: How Will Azerbaijani Energy Projects Help Greece?

The economic situation in Greece is deteriorating, literally, every minute. The country’s foreign debt continues to increase, and new agreements with lenders on financial assistance only entrap the country in debt.

In such a difficult situation, Greece needs to focus on developing strategic projects that will bring revenues and dividends to the country in the future. Azerbaijani projects can also be considered in this regard: a deal on purchasing a share by the State Oil Company of Azerbaijan in Greek DESFA natural gas transmission system operator and the project for construction of the Trans-Adriatic Pipeline (TAP) which is part of the Southern Gas Corridor.

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