Project to be drafted for Türkiye-Azerbaijan-Georgia-Bulgaria electricity interconnection line

A new electricity interconnection line project between Türkiye, Azerbaijan, Georgia and Bulgaria is expected to be developed soon, Turkish President Recep Tayyip Erdogan said as he addressed the participants of the Baku Energy Week, Report informs via Anadolu.

He stressed the need to increase the capacity of Türkiye-Nakhchivan and Türkiye-Georgia interconnections:

"We have signed a new memorandum of understanding on cooperation in the transmission and trade of green energy to establish a new electricity interconnection line between Türkiye, Azerbaijan, Georgia and Bulgaria. We aim to complete this project, which constitutes another historic step in terms of energy security and prosperity of our region, as soon as possible."

Erdogan also noted that there is great potential for new projects in the natural gas sector between Türkiye and Azerbaijan, noting that the latter, which has been supplying significant volumes of gas to both Türkiye and Europe for many years, has a very significant strategic role in the global energy market:

"There is a significant opportunity to develop our cooperation in the coming period on the export of Turkmen gas through Azerbaijan and Türkiye in a way that will benefit all parties. This project will contribute to both the diversification of supply routes and regional prosperity."