Azerbaijan, European Union sign MoU on Strategic Partnership in field of energy
The European Union recognizes that natural gas will continue to play an important role in terms of energy consumption and electricity generation until 2030. In the future, natural gas will be used as before in the European Union, while at the same time it will be gradually replaced [by other sources] in line with climate neutrality obligations by 2050.
A Memorandum of Understanding on Strategic Partnership in the field of energy between the European Union represented by the European Commission and the Republic of Azerbaijan" has been signed between Azerbaijan and the European Union.
President of the Republic of Azerbaijan Ilham Aliyev and President of the European Commission Ursula von der Leyen inked the document.
Source: https://en.trend.az/azerbaijan/politics/3622352.html