BAKU, Azerbaijan, January 13. The Caspian-Black
Sea-Europe Green Energy Corridor, which will be commissioned in
stages from 2032, will allow Italy to benefit from the electricity
transmitted to the European market, Azerbaijan's Minister of Energy
Parviz Shahbazov said at the 6th meeting of the Azerbaijan-Italy
Joint Intergovernmental Commission on Economic Cooperation in Baku
today, Trend
reports.
"The Italian CESI SpA company is our consulting partner in the
preparation of feasibility studies for the Caspian-Black Sea-Europe
and Central Asia-Azerbaijan green energy corridor projects," the
minister stressed.
He added that Italy is Azerbaijan's largest trading partner,
accounting for 25% of the country's foreign trade turnover and
46.7% of its exports.
