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Azerbaijan to ink energy cooperation agreements with a number of countries in near future

Oil&Gas Materials 30 November 2020 11:20 (UTC +04:00)
Azerbaijan to ink energy cooperation agreements with a number of countries in near future

BAKU, Azerbaijan, Nov.30

By Leman Zeynalova – Trend:

Azerbaijan’s energy ministry ensures the establishment and development of bilateral and multilateral cooperation with other countries, their relevant bodies and international organizations in fuel and energy, renewables, as well as energy efficiency, Azerbaijan’s Minister of Energy Parviz Shahbazov said in an exclusive interview with Trend.

“Currently, we co-chair joint intergovernmental commissions with Italy, the United Kingdom of Great Britain and Northern Ireland, Kazakhstan, Ukraine, Vietnam and Greece, and head the technical commissions and working groups established with Albania, Ukraine, Kazakhstan, Hungary and Saudi Arabia.

“To date, up to 60 documents have been signed to expand the legal framework of cooperation with other countries in the energy sphere. This year, we have signed agreements and memorandums with relevant state bodies of Ukraine, Italy and Turkey. Moreover, we have completed consultations with China, Indonesia, Czechia and Uzbekistan on cooperation agreements, which we plan to sign in the near future. We are expanding cooperation with neighboring Russia, Turkey, Iran and Georgia in oil and gas, as well as electricity. The ministry is also working towards developing the bilateral energy cooperation with EU.

“The ministry has established beneficial cooperation with the World Petroleum Council, the International Energy Charter, the International Renewable Energy Agency, and the Gas Exporting Countries Forum, as well as the United Nations Development Program. We also closely cooperate with the Organization of Petroleum Exporting Countries, the International Energy Agency, the World Energy Council and other influential international organizations, financial institutions such as the World Bank, the European Bank for Reconstruction and Development, the Asian Development Bank, and international development agencies in the United States, Japan, South Korea and other countries. Azerbaijan is chairing the International Energy Charter Conference in 2020,” said the minister.

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