European Union signs a deal to double gas imports from Azerbaijan.
The EU reached a deal to double natural gas imports from Azerbaijan in a bid to help replace Russian fossil fuels amid a worsening energy crisis following Putin’s invasion of Ukraine. To boost the shipments, the capacity of the Southern Gas Corridor, a network of pipelines connecting the Caspian Sea with Europe, will be increased from 8.1 to 12 billion cubic meters, according to a memorandum of understanding signed in Baku. In a few years, it will reach 20 billion