Azerbaijani gas to impact to supply diversification in EU – Czech Ambassador (Interview)


BAKU, Azerbaijan, July 22. The Czech Republic
could be desirous about having access to gasoline from such dependable
companions as Azerbaijan, Ambassador of the Czech Republic to
Azerbaijan Milan Sedláček instructed Pattern.

“On 18 July, a Memorandum of Understanding on Strategic
Partnership within the area of vitality between the European Union and
the Republic of Azerbaijan has been signed by the President of the
European Fee Ursula von der Leyen and the President of the
Republic of Azerbaijan Ilham Aliyev. On the similar time, the European
Fee, in addition to the person EU Member States and European
vitality firms, are searching for different potential suppliers of gasoline,
particularly LNG, exterior Russia,” he mentioned.

Based on the ambassador, the Czech Republic managed to lease
extra capability in a Dutch LNG terminal not too long ago. Within the
context of the vitality disaster in Europe, the nation considers all
choices which have the potential to make it much less depending on
Russia’s provides.

“We already know Azerbaijan as a dependable provider of oil, and
the current settlement on the enlargement of the Transalpine Pipeline
(TAL) which brings Azerbaijani oil to our nation makes us much less
depending on Russia. The Czech Republic is , within the
mid-term perspective, in having access to gasoline from all dependable
suppliers. This does, in fact, not change our long-term
dedication to the decarbonization of the European economic system which we
owe to our descendants and to our planet,” Sedláček famous.

Additional talking, the ambassador famous that skilled
firms from the Czech Republic is likely to be desirous about hydropower
initiatives’ growth in Karabakh.

“I’m nonetheless fairly new to Azerbaijan however my colleagues from our
Embassy who visited Kalbajar and Lachin knowledgeable me concerning the main
hydro vitality potential of those mountain areas, which can be of
curiosity for Czech firms,” he mentioned.

Based on the ambassador, according to the present
decarbonization plans, the EU will bear a significant transition from
pure gasoline to hydrogen within the upcoming years and welcomes the
efforts of its companions to do likewise.

“Producing and exporting inexperienced hydrogen requires correct
infrastructure, and we all know our Azerbaijani companions severely
examine this selection,” Sedláček famous.

In the meanwhile, the businesses from the Czech Republic are wanting
for concrete choices concerning participation within the restoration
works in Karabakh, he added.

“Well timed publication of related and full info would
be helpful to firms desirous about authorities tenders. The current
publication of a 4-year Motion Plan for the institution of a
Inexperienced Vitality Zone is a welcome growth,” Sedláček mentioned.

The ambassador additionally spoke about commerce cooperation between
Azerbaijan and The Czech Republic, which elevated by 104 p.c
year-on-year over the primary 5 months of 2022.

“Industrial and financial cooperation is among the many primary
priorities of our bilateral relations. Regardless of the efforts of each
governments, the COVID-19 pandemic considerably affected the commerce
dynamics between our nations,” he mentioned.

Furthermore, in line with the ambassador, the absence of direct
flights between our capitals for almost 3 years also needs to be
taken under consideration as an element which may have put some restraint
on our enterprise relations, making important journey extra

Nevertheless, the statistics indicating a powerful year-on-year
surge over the primary 5 months of the present yr must be seen
as the beginning of a strategy of a gradual return to our pre-pandemic
commerce cooperation, Sedláček famous.

Relating to funding alternatives for each nations, the
ambassador mentioned that Azerbaijan presents enormous funding
alternatives to Czech companies. Corporations from the Czech
Republic are hoping for brand new funding alternatives in Azerbaijan
within the sphere of connectivity and vitality, he famous.

“Typically, the Czech Export Assure and Insurance coverage Company
and the Czech export financial institution are able to assist high quality and nicely
ready enterprise initiatives. Evidently, anybody who needs to
make investments cash overseas will first need to take a look at the authorized local weather of
the nation in query. On this regard, the circumstances assured
by the Azerbaijani authorities for potential buyers within the Alat
Free Financial Zone are of curiosity, and our Embassy can be in
contact with the Company for the Growth of Financial Zones,” he

“Over the earlier decade, crucial Czech funding
initiatives in Azerbaijan have been within the area of transport
infrastructure. Our flagship venture, the reconstruction of the
Azerbaijani a part of the Baku-Tbilisi-Kars Railway Hall, was
accomplished by a gaggle of our firms led by Moravia Metal in
2019,” the ambassador mentioned.

A pilot venture accomplished by Czech firms within the Garavalli
village faculty within the Shamakhi area in 2018 was geared toward elevating
consciousness concerning the environment friendly use of vitality sources. Additionally, the
Czech export financial institution proposed a mortgage to the Azerbaijani authorities to
fund the continuation of the venture ought to the federal government see it
as helpful, Sedláček added.

In the meantime, in line with the ambassador, the Czech Republic
offers tax and different incentives to overseas buyers who create
jobs in areas with a better degree of unemployment – that’s to
say, exterior Prague. On the similar time, potential buyers within the
economic system are suggested and supported by the CzechInvest company.

Comply with the writer on Twitter: @mariiiakhm

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