Trend: Azerbaijan to Be Important Gas Supplier for Europe Within Next 5 years - Greenfields Petroleum

Vast oil and gas reserves in the Caspian Sea region and its potential to supply the world energy market make this area relevant for investments, John W. Harkins, chief executive officer and president of Greenfields Petroleum Corporation said.

He made the remarks addressing the 3rd Azerbaijan and Caspian Sea Oil and Gas Week 2015 in Baku Sept.28.

In particular, Azerbaijan has proved to be relevant economically and politically in the world energy markets, Harkins added.

“Azerbaijan is poised to be a transportation hub for oil and gas,” he said.

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