Baku:A session focused on the feasibility study for the Caspian-Black Sea-Europe Green Energy Corridor was held in Baku as part of the dedicated forum for the project. The Ministry of Energy has confirmed the event to APA-Economics.
According to Azeri-Press news agency, the study was conducted by the international engineering and consulting company CESI. Key findings on the technical and economic feasibility of the project were presented during the session. Andrea Meola, CESI’s Director of Global Markets and Business Development, along with Senior Energy Advisor Filippo Del Grosso, provided detailed information on the project’s technical specifications, economic assessments, and potential implementation pathways.
The completion of the feasibility study, which includes Azerbaijan, Georgia, Romania, and Hungary, is marked as a significant development milestone. The study results will serve as a foundation for defining the project’s commercial framework, evaluating financing possibilities, and preparing for a final investment decision.