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Azerbaijan, Austria to expand energy cooperation

Oil&Gas Materials 22 November 2011 17:18 (UTC +04:00)
Azerbaijan and Austria will develop an intergovernmental memorandum specifying key principles of cooperation in the field of energy.
Azerbaijan, Austria to expand energy cooperation

Azerbaijan, Baku, November 22 / Trend, E. Ismailov /

Azerbaijan and Austria will develop an intergovernmental memorandum specifying key principles of cooperation in the field of energy. The decision was taken in Baku on Tuesday at a meeting between Natig Aliyev, Industry and Energy Minister of Azerbaijan, and Andreas Reihardt, Deputy Transport, Innovations and Technologies Minister of Austria.

Azer Mensimli, Press Secretary of the Industry and Energy Ministry, reported that the sides explored the opportunity of cooperation in the field of energy, particularly, alternative energy. Correspondingly, the sides suggested working out an intergovernmental memorandum to determine key principles of bilateral cooperation in this field.

The memorandum will be developed by working groups and subsequently submitted for consideration to the Governments of the two countries.

In addition, high level of Azerbaijani-Austrian interrelations was emphasized at the meeting, Mensimli said.

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