Yıldız: 'Peace corridor' from Caucasus to Balkans

BAKU, Azerbaijan
Published 20.09.2014 00:00
Updated 21.09.2014 13:20
Yıldız: 'Peace corridor' from Caucasus to Balkans

Speaking at the groundbreaking ceremony of the South Caucasus pipeline in Baku on Saturday, Turkey's Energy Minister Taner Yıldız said: "We open the project as a peace corridor that is the result of 15 years hard work by Turkey and Azerbaijan."

"Through the South Caucasus pipeline and its backbone, the Trans-Anatolia pipeline, we connect the Caucasus with the Balkans. I wish every country could understand the true value of these projects and contribute with us." Yıldız said.

The Minister said energy security "ranks as one of the main topics of global agenda" and dialogue between countries producing, transporting and consuming energy is "highly important."

Yıldız added: "With this view in mind, we continue to develop projects with our friends, Azerbaijan and Georgia."

The South Caucasus pipeline is the first phase of the Southern Gas Corridor, which will carry gas from the Caspian Sea to Turkey, connecting to the Trans-Anatolia natural gas pipeline via Georgia and reach southern Europe.

"TANAP (Trans-Anatolia Natural Gas Pipeline) is not a mere investment but a project for the future. We believe that the project is a way of establishing strong, sustainable and healthy relations both between Turkey and Azerbaijan and other European countries." Yıldız said.

Alongside Yıldız, Azerbaijan's President Ilham Aliyev, Georgian Prime Minister Irakli Garibasvili, Bulgarian President Rosen Plevneliev, Greek Prime Minister Antonis Samaras and Montenegro's Prime Minister Milo Cukanovic also took part in the ceremony.

Aliyev said: "We will have extra income by opening our natural gas to the world market and European countries will have a new energy resource. There is no loser in this project, everybody will win."

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