Azerbaijan to continue coordinating energy in GUAM

Azerbaijan to continue coordinating energy in GUAM

Azerbaijan, Baku, Dec. 21 / Trend /

The GUAM countries supported a proposal of Azerbaijan on coordinating the organization's Working Group on Energy in 2012.

Such a decision has been reached following the fifth meeting of the Working Group on Energy in Baku on Tuesday, the organization's statement reported.

In addition, the countries agreed to ask the Council of National coordinators to include in the agenda for negotiations of GUAM-Japan the financing of business case projects in the field of transportation of natural gas (LNG) in the Black Sea-Caspian region, as well to apply to Japanese side to render assistance in the mapping of solar and wind potential of the GUAM member states.

The parties will also activate cooperation in the field of energy for developing new projects to obtain the aims "Development strategy of sectoral cooperation of the GUAM" in the field of energy.

The GUAM countries scrutinized preparations for workshop on energy security which will be organized by Japan for experts from the GUAM member-countries on Jan. 15-23, 2012, and observed that a coordinated joint position of member states will support success of the seminar and results of subsequent cooperation between GUAM and Japan in the energy field.

The participants agreed to hold a next meeting of the Working Group on energy in 2012.

GUAM was established by post-Soviet countries in 1997 during the EU presidential summit in Strasbourg. In 1999, Uzbekistan joined the organization, and left four years later. A decision was made to announce GUAM as an international organization under the new name, "Organization for Democracy and Economic Development - GUAM," at the organization's first summit in Kiev in 2006.

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