Banking

Banking

Azerbaijan hits out at EU for failing to agree long-term gas deals

Stay informed with free updatesSimply sign up to the EU energy myFT Digest -- delivered directly to your inbox.Azerbaijan has accused the EU of treating the country as a “firefighter” by only committing to short-term gas deals despite asking the country to boost exports of the fuel to the bloc.Baku needed the certainty of long-term contracts in order to raise the finance required to increase gas production in the Caspian Sea and meet the additional EU demand, Vaqif Sadiqov, Azerbaijan’s ambassador to the EU, told the Financial Times.“We cannot be...
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