President Recep Tayyip Erdoğan and his Azerbaijani counterpart Ilham Aliyev attended the groundbreaking ceremony Monday for a brand new pure fuel pipeline that may run from Türkiye’s japanese province of Iğdir to Sederek in western Azerbaijan.
The brand new 85-kilometer (53-mile) fuel pipeline will run from the nation’s easternmost province of Iğdır to Sederek in western Azerbaijan, with an annual capability of 500 million cubic meters (mcm) and a every day capability of 1.5 mcm, in keeping with Anadolu Company (AA) reviews.
The challenge will probably be realized via a partnership between Türkiye’s crude oil and pure fuel pipeline buying and selling firm BOTAŞ and Azerbaijan’s state oil firm SOCAR.
The Azerbaijani president, in his speech, highlighted the significance of the challenge, recalling that Nakchivan stayed disadvantaged of fuel for some 15 years earlier than it inked an settlement with Iran for provide.
The strategic territory doesn’t share a border with Azerbaijan however has been tied to Baku for the reason that Twenties – and is positioned between Armenia, Türkiye and Iran.
Concerning the cooperation with Türkiye in several sectors, together with vitality, Aliyev famous that commerce quantity between the 2 international locations prolonged the determine of $6 billion (TL 163 billion).
“It elevated by 40% this 12 months. We now have positioned the goal of $15 billion. We’ll attain this within the close to future,” he famous.
President Erdoğan, for his half, famous that Nakhchivan these days carries wonderful potential in economic system, transportation, and vitality strains.
“With the institution of regional transportation strains, we may have the chance to totally understand this potential,” he stated.
“(The Iğdır-Nakhchivan Pure Fuel Line) will deepen our partnership with Azerbaijan within the subject of vitality and also will contribute to Europe’s vitality provide safety,” the president additional famous.
A complete of three agreements have been signed between Azerbaijan and Türkiye throughout the one-day official state go to, as per AA reviews.
President Erdoğan and his counterpart Aliyev signed the “Protocol of Intent between the Republic of Türkiye and the Republic of Azerbaijan on the Kars-Nakhchivan Railway Venture.”
In the meantime, Türkiye’s Minister of Atmosphere, Urbanization and Local weather Change Mehmet Özhaseki and Chairperson of the Azerbaijan Metropolis Planning and Structure State Committee Anar Guliyev inked an settlement between two governments on the “Building of Residential Buildings, Main Colleges, Kindergartens and Cultural Facilities within the Kahramanmaraş Province of the Republic of Türkiye.”
The 2 international locations additionally signed an settlement that features the continuation of the present cooperation on electrical vitality.
“In addition to the Kars-Nakhchivan Railway Venture, agreements on mass housing and electrical vitality have simply been signed. Thus, we reaffirmed our will to develop our relationships within the fields of transportation, logistics, and vitality,” Erdoğan famous.
President Erdoğan visited the Nakhchivan exclave upon the invitation of Aliyev following final week’s counterterrorism operation performed in opposition to unlawful Armenian forces within the Karabakh area.
Erdoğan, on his go to, amongst different officers, was accompanied by Overseas Minister Hakan Fidan, Protection Minister Yaşar Güler, Minister of Power and Pure Assets Alparslan Bayraktar, Minister of Atmosphere, Urbanization and Local weather Change Özhaseki, Transport and Infrastructure Minister Abdulkadir Uraloğlu, Commerce Minister Ömer Bolat and MIT head Ibrahim Kalın.
The Türkiye-Nakhchivan pure fuel pipeline stretching from Iğdır to Azerbaijan’s exclave is likely one of the newest examples of broader vitality cooperation between Ankara and Baku.
The memorandum of understanding on pure fuel provide to the Nakhchivan Autonomous Republic was signed between then-Power and Pure Assets Minister Fatih Dönmez and his Azerbaijani counterpart Parviz Shahbazov on the finish of 2020.
In recent times, Türkiye has invested closely in its vitality infrastructure to change into a transit hub and vitality hub within the medium time period.