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Azerbaijan and European Union Discuss Energy Reforms

Oil&Gas Materials 4 December 2007 17:36 (UTC +04:00)

Azerbaijan, Baku / corr Trend A.Badalova / Reforms in the energy and industry sector were discussed at a meeting of Gulmammad Javadov, the Azerbaijani Deputy Minister for Energy and Industry and Giuseppe Buzzuni and Meels Korska, representatives of the Central Directorate on foreign cooperation of the European Commission, the Ministry said.

The meeting also mulled over adjusting national legislation in the energy sector to comply with European Union standards, within the European Neighborhood Policy.

The organization allocated a grant in the amount of $14mln to the Azerbaijani Government to inject changes to legislation in line with European standards within the framework of the action plan adopted by Azerbaijan and the European Union.

A visit of European Union experts to Baku for improvement and adoption of new laws in the energy sector were in focus.

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