BAKU, Azerbaijan, March 12. Azerbaijan's role
in the global energy market continues to grow year after year,
Rebecca Greenspan, Secretary-General of the United Nations
Conference on Trade and Development (UNCTAD), told Trend on the sidelines of
the 13th Global Baku Forum.


Greenspan emphasized that Azerbaijan’s energy sector plays an
increasingly significant role both for the country itself and for
international markets.


“This is a very important growth factor for Azerbaijan itself,
but at the same time, a significant source of energy supply for
Europe. Today, this is becoming even more important in the context
of the war in Ukraine,” she said.


According to Greenspan, Azerbaijan has managed to partially
replace previous gas sources that supplied the European market by
increasing production and effectively responding to emerging
challenges.


“Another important indicator is that Azerbaijan is one of the
key countries supplying gas via pipelines. It exports gas to 16
countries worldwide, and this is a serious achievement that
contributes to the stability of the energy market,” she noted.


Speaking about the 13th Global Baku Forum, Grynspan stressed
that the event has established itself as an important international
platform for discussing pressing political and economic issues.


“The Global Baku Forum has become a significant platform for
political discussions, debates on geopolitics and specific global
challenges, such as technological development, healthcare issues,
and the search for solutions to global problems. It is particularly
important that people with different political views, experiences,
and from various regions meet here to better understand what
collective solutions are needed to overcome global challenges,” she
added.


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