Azerbaijan is running lower on energy income, but, amidst a revived push for a role in gas distribution in Europe, not on energy-ambitions.
Baku is pushing for the European Union’s seal of approval on the planned takeover of Greece’s gas distribution grid by Azerbaijan’s state oil and gas corporation, SOCAR. Energy Minister Natiq Aliyev expressed dismay that EU-regulators are taking their time to make sure the deal is compatible with EU competition laws, EurActiv reported on March 11.
The deadline for the decision already was extended to April 22, but the minister's patience, nonetheless, is running thin, as SOCAR's tax contributions begin to slim down.
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