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Azerbaijan’s experience in energy sector discussed at leading U.S. university

Politics Materials 24 April 2012 10:11 (UTC +04:00)
Azerbaijan’s achievements in the energy sector were discussed at the Annual Energy Conference at Tufts University's Fletcher School of Law and Diplomacy, which is located in the U.S. State of Massachusetts, Azerbaijani Embassy in the United States said.
Azerbaijan’s experience in energy sector discussed at leading U.S. university

Azerbaijan, Baku, April 24 / Trend /

Azerbaijan's achievements in the energy sector were discussed at the Annual Energy Conference at Tufts University's Fletcher School of Law and Diplomacy, which is located in the U.S. State of Massachusetts, Azerbaijani Embassy in the United States said.

Azerbaijani Ambassador Elin Suleymanov, addressing the workshop "Meeting Growing Energy Demand in Developing Countries: Challenges and Opportunities", said that as a result of successful energy policy, foundation of which was laid by National Leader Heydar Aliyev, the country implemented projects directed not only at national, but also at regional development and integration. Suleymanov said as a result Azerbaijan has won image of a reliable partner in ensuring energy security of Europe.

Suleymanov stressed President Ilham Aliyev attaches great importance to infrastructure development and economic diversification in Azerbaijan and the region. A national strategy designed so that new technologies made up a large part of Azerbaijan's economy in the future, is implemented, he said.

The audience displayed great interest in information on the government programs and projects, directing revenues from oil and gas sector for the country's future development, as well as about the State Oil Fund's activity, the report says.

At the workshop, which also discussed ecology, environment and alternative energy sources, it was noted that the State Agency on Alternative and Renewable Energy Sources was established in Azerbaijan by a presidential decree in 2010.

Senior Director for International Affairs at BP Washington Office Greg Saunders stressed the importance of studying Azerbaijan's rich experience in the energy and management of oil revenues. He said Azerbaijan's relations with partners are the true example of mutually beneficial partnership.

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