Forbes senior contributor: Azerbaijan's growing gas exports strengthen its role in Europe's energy security [VIDEO]

Baku, November 11, AZERTAC “Azerbaijan is entering a new and promising phase in expanding its oil and gas exports to European markets and neighboring countries,” Gaurav Sharma, an energy analyst, senior contributor to Forbes, and independent consultant, told AZERTACAccording to him, the commissioning of the Shah Deniz project in the 2000s and 2010s helped establish Azerbaijan as a major exporter of oil and natural gas on the global energy map.The analyst noted that the measures put in place as part of the Southern Gas Corridor, as well as Phase 2 of the Absheron project, offer significant prospects for expanding Azerbaijan's gas export capabilities.“The significance of these projects will become even more evident amid rising geopolitical tensions, especially as European countries seek to reduce their energy dependence on Russia. Azerbaijan’s hydrocarbon resources can help fill part of the gap in Europe's energy supply. In this regard, alongside Italy, Croatia, and Türkiye, there is pot