Azerbaijan Welcomes Pipeline Announcement

                  Azerbaijan Welcomes Pipeline Announcement

Route Selection an Important Step toward Greater Energy Security

PR Newswire

WASHINGTON, June 28, 2013

WASHINGTON, June 28, 2013 /PRNewswire-USNewswire/ -- Azerbaijan welcomes
today's announcement by the Shah Deniz consortium to select the Trans Adriatic
Pipeline (TAP) to transport Azerbaijani natural gas from the Trans-Anatolian
pipeline (TANAP) into Europe. Azerbaijan has long advocated for diverse and
competitive markets to ensure energy security in Europe and the region, and
this decision is an important step toward achieving that goal.

Azerbaijan is pleased that its natural gas will have a new route to European
markets as the Southern Gas Corridor is realized. As project implementation
begins, we will continue to work with our international partners, particularly
the United States, to promote greater regional integration and achieve our
shared strategic goals.

Once these critical initial steps are taken, market development, additional
gas and infrastructure often follow. Over time, the ability of theSouthern
Corridorto bring new sources of supply to European markets is likely to
extend beyond the immediate areas TAP will transit.

With the selection of TAP, we hope that the vision for future phases of the
Southern Corridor can now be reached more rapidly. Azerbaijan's gas production
capability is expected to increase dramatically in the future, and we
anticipate that the TAP pipeline will play a key role in European market
diversity and energy security.

President of State Oil Company of Azerbaijan (SOCAR) Rovnag Abdullayev voiced
support for Shah Deniz consortium's plans to work with European interconnector
projects to deliver gas to multiple countries acrossSoutheast Europe. "Beyond
Shah Deniz, we are confident that Azerbaijan's gas exports will increase
dramatically as fields like ACG Deep, Absheron, Umid and Shafag-Asiman are
developed, and we see the pipeline route towards Austria as a natural market
for this gas. The development planning of both pipeline routes lays the
foundation for future growth and we appreciate the support of the European
Commission throughout this process," Abdullayev said.

Contact:

Embassy of Azerbaijan to the United States
+1 202 337 35 00
azerbaijan@azembassy.us
www.azembassy.us

SOURCE Embassy of the Republic of Azerbaijan to the United States

Website: http://www.azembassy.us