THE EUROPEAN INVESTMENT BANK

The EU, through its structures, will allocate 10 billion euros for the development of the Trans-Caspian International Transport Route (TITR), European Commissioner for Trade Valdis Dombrovskis said on January 29 in Brussels at the Global Gateway global investment forum.

Trend reported this on Monday with reference to Dombrovskis’s page on social networks.

The independent transmission operator ICGB absorbed the last tranche of the long-term loan from the European Investment Bank (EIB) for the implementation of the intersystem gas connection Greece-Bulgaria.

Azerbaijan has put forward proposals on potential projects in the field of renewable energy and energy efficiency within the European Commission’s document entitled “Recovery, resilience and reform: post 2020 Eastern Partnership priorities”, reports the Azerbaijani Energy Ministry on Nov. 19.