Details added (first version posted on 11:21)
Baku, Azerbaijan, Sept. 17
Trend:
Azerbaijan has been recognized in the international energy market as a reliable partner, Head of the Department of Foreign Policy Affairs of the Azerbaijani Presidential Administration Hikmat Hajiyev said, Trend reports on Sept. 17.
Hajiyev stressed that the “Contract of the Century” was signed with the leading international companies 25 years ago amid the threats and risks which the country faced in a very difficult geopolitical period for Azerbaijan, and the country laid the foundation for the successful energy strategy and energy diplomacy on the basis of the oil strategy created by Azerbaijani great leader Heydar Aliyev.
“A new oil era, the benefits of which the Azerbaijani people saw, started after the signing of the 'Contract of the Century',” he said. “The successful energy strategy being pursued by Azerbaijan, along with the foundation of independence, prosperity and economic development of the country, has become an important factor contributing to the energy security both in international and regional spheres.”