APA: Ambassador Eynulla Madatli: “Azerbaijan is interested in ensuring Ukraine’s energy security”

“Mutual energy cooperation between Azerbaijan and Ukraine is being continued successfully. Delay in signing of the documents on establishment of joint venture for delivery of liquefied gas to LNG terminal in 2011 derived from Ukraine’s intention to consider other routes on Azerbaijan’s transportation. The participation of Ukraine in the perspective TANAP project is being actively discussed,” Azerbaijani ambassador to Ukraine Eynulla Madatli told Ukrainian press, APA reports.

The ambassador said that the TANAP project caused interest in Ukraine as in Azerbaijan and Azerbaijan was ready to sell a part of its stake to the interested countries: “The Trans-Anatolian gas pipeline is open for all interested companies”. 80% of the project belongs to Azerbaijan. Azerbaijan will leave 51% of its stake in the project and distribute the other 29% between the interested countries and companies. If Ukraine being a great gas consumer is elected as a member of the consortium on the construction of the TANAP gas pipeline, Azerbaijan will be happy, because Azerbaijan is interested in energy independence and security of Ukraine.”  MORE