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Azerbaijan, Japan examine prospects of cooperation in alternative power engineering

Oil&Gas Materials 24 November 2011 19:35 (UTC +04:00)
In Baku, on Thursday, Natig Aliyev, Industry and Energy Minister of Azerbaijan, received a team led by Vice-President of Japan’s Itochu Eyzo Kobayashi, who is also the cochairman of the Azerbaijani-Japanese intergovernmental commission, Azer Mensimli, Press Secretary of the Industry and Energy Ministry, told Trend on Thursday.
Azerbaijan, Japan examine prospects of cooperation in alternative power engineering

Azerbaijan, Baku, November 24 / Trend, E. Ismailov /

In Baku, on Thursday, Natig Aliyev, Industry and Energy Minister of Azerbaijan, received a team led by Vice-President of Japan's Itochu Eyzo Kobayashi, who is also the cochairman of the Azerbaijani-Japanese intergovernmental commission, Azer Mensimli, Press Secretary of the Industry and Energy Ministry, told Trend on Thursday.

The sides examined cooperation in the field of power engineering and expressed satisfaction with the level of cooperation.

The Japanese team was provided information about Azerbaijani oil and gas industry, particularly, the Shah Deniz Phase 2, and Shah Deniz gas export routes.

In addition, the sides examined the discovery of two new fields - Umid and Absheron -in the Azerbaijani sector of the Caspian, and potential routes of gas export from these fields, and other infrastructure projects.
The sides also paid great attention to cooperation in the non-oil sector, particularly, alternative power engineering where Japan is greatly experienced.

Itochu is a participant of the Azeri-Chirag-Gunashli Project in Azerbaijan.
ACG participating interests are: BP (operator - 35.8%), Chevron (11.3%), SOCAR (11.6%), INPEX (11%), Statoil (8.6%), ExxonMobil (8%), TPAO (6.8%), ITOCHU (4.3%), Hess (2.7%).

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