Baku, December 30, AZERTAC “For many years, Azerbaijan has put forward initiatives and taken practical steps to develop economic, energy and transport communications of regional and global importance. This year further enhanced the role of Azerbaijan in ensuring international energy security and transit transportation,” Azerbaijan’s Ministry of Foreign Affairs said in a press release on the results of 2022.“On July 18, “A Memorandum of Understanding on Strategic Partnership in the field of energy between the European Union and the Republic of Azerbaijan” was signed in Baku. The MoU includes the expansion of the traditional energy partnership, as well as potential cooperation on green and renewable energy. By 2027, the MoU aimed at increasing the potential of the Southern Gas Corridor to 20 billion cubic meters, is considered an important step in diversifying the energy supply of the Western Balkan region,” the ministry emphasized.