Bank Of Baku

Argentina invites Azerbaijan to produce oil in Atlantic ocean

Argentina invites Azerbaijan to produce oil in Atlantic ocean
# 04 November 2011 13:07 (UTC +04:00)
Baku. Ali Ahmadov - APA-Economics. Today, Azerbaijani Minister of Industry and Energy Natig Aliyev received the delegation led by Lino Barañao, Minister of Science, Technology and Innovation of Argentina.

Cooperation perspectives between the two countries in oil-gas, power engineering and in other spheres of industry were discussed at the meeting.

Argentinian minister said he was aware of Azerbaijan had rich experience in discovery and output of oil-gas fields. He noted that Argentina was engaged in discovery of oil-gas deposits in Atlantic ocean: “Argentina can cooperate with Azerbaijan in development of oil-gas fields in Atlantic ocean”.

Moreover, cooperation in alternative power engineering sphere was also discussed at the meeting. Natig Aliyev gave information about potential and experience of Azerbaijan in this sphere: “Azerbaijan has already learnt new technologies in this sphere, it can construct such installation in Argentina too”.

It was offered at the meeting to prepare the agreement between the ministries for cooperation and joint activity.
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