Azerbaijan agrees to supply electricity to South-East Europe

RUSSIA / FSU POLITICS - In Brief 19 Dec 2022 by Alex Teddy
On December 17 an agreement was signed. An electricity cable will go through Georgia and go under the Black Sea to Romania and on to Hungary. The agreement was signed in Bucharest with the presidents of all four countries present. The 1,200 km cable will take 6 years to build. The three receiving countries are keen to secure their energy future.  That is despite Romania's being an oil-producing country. The President of the European Commission attended the signing. She said the cable might eventually extend to Moldova and Ukraine. The EU is willing to partially fund the project. The President of Romania explicitly linked the project to the Ukraine War. The Prime Minister of Hungary also hailed the project, despite his cordial relationship with Russia. He said that the days of cheap Russian energy imports are over.  Russia will not be happy about this. But Russia has little leverage over Azerbaijan because Russia has to devote everything to Ukraine. 

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