Baku:Azerbaijan's potential to contribute to meeting energy demands in Europe and beyond is on the rise, with its neighboring countries, Georgia and Armenia, offering vital opportunities for regional cooperation. New projects in the Caspian Sea are further creating avenues to develop energy partnerships, as noted by Gaurav Sharma, an energy market analyst, senior contributor to Forbes, and independent consultant, during his discussion with AZERTAC.

According to Azerbaijan State News Agency, Sharma emphasized the broad scope of international cooperation in Azerbaijan's energy sector. European partners sharing their technical expertise with Azerbaijan could significantly enhance the country's energy infrastructure. This collaboration is expected to foster mutually beneficial partnerships and facilitate the implementation of new projects in the region.

Sharma further highlighted that such cooperation could potentially attract billions of euros in investment into Azerbaijan's energy sector. This influx of investment would enable Azerbaijan to expand its energy capabilities, while providing the European Union, especially Southern European countries, with a reliable, long-term energy partner.