Trend: Italy offers its infrastructure to transport Azerbaijani gas to Europe

SOCAR (State Oil Company of Azerbaijan) and the Italian company Snam signed a memorandum of cooperation to assess the initiatives put forward for the development of the Southern Gas Corridor in Baku Sept. 23.

The document was signed by SOCAR President Rovnag Abdullayev and Snam CEO Carlo Malacarne, SOCAR said.

The memorandum envisages the exchange of information and thorough evaluation of various works.

The sides discussed the possibility of exchanging the experience between SOCAR and Snam in the fields of construction and operation of the equipment necessary for the transportation of natural gas from Azerbaijan and other countries to the European markets through the Italian infrastructure to ensure energy security of Europe. MORE