Azerbaijan has accused the EU of treating the country as a “firefighter” by only committing to short-term gas deals despite asking the country to boost exports of the fuel to the bloc.
Baku needed the certainty of long-term contracts in order to raise the finance required to increase gas production in the Caspian Sea and meet the additional EU demand, Vaqif Sadiqov, Azerbaijan’s ambassador to the EU, told the Financial Times.
“We cannot be a firefighter just sending gas for three to six months,” Sadiqov said. “We need the contracts so that we can go to banks for financing for drilling deep into the Caspian Sea.”
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