“The document signed between Azerbaijan and the EU will strengthen cooperation in the field of energy efficiency,” said EU High Representative for Foreign Affairs and Security Policy Josep Borrell at the press conference on the results of the 18th meeting of the Azerbaijan-European Union Cooperation Council held in Brussels.
The high representative informed that with the memorandum of understanding, Azerbaijan’s natural gas supply to Europe will be doubled by 2027.
According to him, the issue of signing a new agreement, which will lay the ground for enhanced cooperation and future dialogue between Azerbaijan and the EU, was also discussed at the meeting.
Borrel said it would also support Azerbaijan’s efforts to diversify the economy.