President: Azerbaijan has become an indispensable partner for many countries

Ilham Aliyev, President of the Republic of Azerbaijan

© APA | Ilham Aliyev, President of the Republic of Azerbaijan

# 21 November 2022 17:03 (UTC +04:00)

"Our oil and gas projects, which were initiated by the Great Leader in the mid-1990s, have now gained momentum. Even the Baku-Tbilisi-Ceyhan oil pipeline the great leader authored has played a crucial role. The subsequent projects also significantly expanded our capabilities. Today, Azerbaijan has become an indispensable partner for many countries," said President of the Republic of Azerbaijan, Chairman of New Azerbaijan Party Ilham Aliyev at the event marking the 30th anniversary of the establishment of the New Azerbaijan Party (YAP) at the Heydar Aliyev Center, APA reports.

"The current processes unfolding in the world show that energy security is one of the key contributors to security. Without it, no country can consider itself safe. Our advantage, of course, is that we have natural resources. But there are so many countries with much bigger natural resources than ours. However – I don't want to compare ourselves to anyone – do all countries use those resources effectively? Of course not! Therefore, the work carried out in Azerbaijan in this field has strengthened the country's economy. At the same time, the income we have obtained was fairly distributed in society. First of all, the most vulnerable groups have benefited from these opportunities, including the former IDPs. They were provided with more than 300,000 houses and apartments built at the expense of the State Oil Fund of Azerbaijan. At the same time, our oil and gas projects have invigorated our international standing. Because Azerbaijan’s infrastructure, transport and energy are of vital importance for many countries, especially in the current conditions. Of course, as our geopolitical opportunities increase, the country's interests are addressed more fully and the number of our friends on different continents increases," stressed head of state.

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