Ibrahimović attends the 9th Ministerial meeting of the Southern Gas Corridor Advisory Council

Deputy Prime Minister and Minister of Capital Investments Ervin Ibrahimović attended the 9th Ministerial meeting of the Southern Gas Corridor Advisory Council and the first Green Energy Advisory Council meeting held on 3 February in Baku.

The co-chairs of the meeting, Minister of Energy of the Republic of Azerbaijan Parviz Shahbazov and EU Commissioner for Energy Kadri Simson, welcomed the full-scale operation of the Southern Gas Corridor and its contribution to securing a reliable, competitive, and affordable energy supply from the Republic of Azerbaijan to Europe.

The successful commissioning of the Greece-Bulgaria Interconnector is another important development which will further support diversification of supplies in Europe. The co-chairs expressed their support for the expansion of the Southern Gas Corridor, indicating that it would offer a potential supply source for new energy markets. The co-chairs also acknowledge the importance of taking necessary steps to reduce methane emissions across supply chains.

The Green Energy Advisory Council Ministerial meeting, held for the first time, creates an excellent opportunity for partner countries, financial institutions, and companies to have productive discussions on expanding cooperation on the green agenda.

In accordance with the European Green Energy Agreement and the energy policy of the European Union, we are committed to the transition to green energy, decarbonization, expanding the use of renewable energy sources and increasing energy efficiency, as well as connecting to the energy systems of neighboring countries. We plan to develop the energy sector through the construction of infrastructure facilities. The implementation of the Ion-Adriatic Pipeline will be beneficial not only for Montenegro but also for the entire region, said Minister Ibrahimović.