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Indonesia offers Azerbaijan to invest in its energy sector

Business Materials 1 February 2016 19:55 (UTC +04:00)
Indonesia has offered Azerbaijan to invest in its energy sector, Ronggo Kuncahyo, the Deputy Minister of Energy and Mineral Resources of Indonesia, said at the Azerbaijan-Indonesia energy forum in Baku Feb. 1.
Indonesia offers Azerbaijan to invest in its energy sector

Baku, Azerbaijan, Feb. 1

By Maksim Tsurkov - Trend:

Indonesia has offered Azerbaijan to invest in its energy sector, Ronggo Kuncahyo, the Deputy Minister of Energy and Mineral Resources of Indonesia, said at the Azerbaijan-Indonesia energy forum in Baku Feb. 1.

He said that this concerns oil production, refining, electricity generation and distribution.

"Indonesia is located on a large number of islands," he said. "This creates difficulties for the electrification of the country and providing the population with electricity. There is a shortage of oil and we are greatly using alternative energy. We offer Azerbaijan to invest in these areas and this will further strengthen our cooperation."

He said that it is planned to establish a working group on cooperation in the energy field in the future, which will include the representatives of the companies of the two countries.

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