Austrian Ambassador: Azerbaijan Can Play Strategic Role As Exporting Country To Meet Europe’s Energy Needs

Trend interviews the Austrian ambassador to Azerbaijan Sylvia Meyer Kaibic on the eve of Austria's National Holiday - October 26 READ MORE

Trend Commentator: Europe Wastes Time And Gas

By Seymur Aliyev

Azerbaijan has always been famous for its oil industry. In the last four years, it has been strengthening its position in gas exports. Azerbaijan's gas exports are as important as its oil and oil products. Proof of this can be seen in the recent signing of extentions to the contract for Azerbaijani gas supplies to Russia. They involve a doubling of fuel supply up to two billion cubic meters in 2011 and a further increase in 2012. READ MORE