Workshop on “Legal Approximation and Structural Reform in the Energy Sector of Azerbaijan†held in Baku
Ibrahim Aghayev, the project manger on Azerbaijani side and legal relations and metrology officer of the Ministry of Industry and Energy, said the overall objective of this project is to carry out activities towards the gradual economic integration of Azerbaijan with the EU. Within the scope of the project, major gas pipelines, the rights of energy subjects, the review of licensing of energy subjects, energy security and suchlike points will be added to the legal framework,†he added.
The project will enable the Azeri Government to have clear operational, metering and market/trade rules in the reformed electricity and gas sectors through approximation of Azeri electricity and gas legislation with that of the EU.
According to him, co-production and distribution of electricity, renewables and energy efficiency provisions will be added to the Electricity Law.
Günter Verheugen, the project manager on the EU side and officer of German Federal Minister for Economics and Technology, underscored the deepening of cooperation between Azerbaijan and the EU, saying the Nabucco gas pipeline project will give impetus to this expansion of relations.
Gulmammad Javadov, Azerbaijan’s Deputy Minister of Industry and Energy, the project will help bring Azerbaijan’s energy legislation in line with the EU framework.
According to him, a working group has been set up, bringing together representatives from energy companies, including the Ministry of Energy and Industry, AzeriGaz, AzerEnerji, Bakielectrikshebeke and Sumgaitelektrikshebeke.
“There is no serious difference in the legislation. What the project envisions is to ensure certain conformity,†he added.
Within the framework of the EU Twinning Project, €1.1 million has been allocated to the Ministry for the 18-month project. 14 German and 3 Slovakian specialists will be involved in the project.
NEWS FEED
Iranian foreign minister says no US attack will go "unanswered"
Trump says US response is "very strong, very powerful"
US military launches strikes in response to helicopter downing
Iran Army Ground Force ready to decisively respond to threats
Thirty-one people have been arrested in Kyrgyzstan for plotting terrorist attacks
Azerbaijani Ambassador to Russia meets with FM Lavrov's Deputy
Resumption of wide-scale US strikes on Iran would be costly step — Trump
Trump allows US participation in the restoration of Iran's infrastructure
Azerbaijan, Lithuania hold political consultations
NASA announces Artemis 3 mission crew
Trump family earn $2.3 billion from working on cryptocurrency projects
Trump says Iran shot down Apache helicopter and US must "respond"
US Department of Energy raises its forecast for the price of barrel of Brent crude oil in 2026 to $95.39
Pentagon admits US Air Force bases are still not protected from drone attacks
Some powers of the Mortgage and Credit Guarantee Fund delegated to the Azerbaijan Business Development Fund
Additional measures to be taken to improve guarantee and interest subsidy mechanisms for loans granted to business entities
State transport support to be provided from the state budget for transportation costs of non-oil and non-gas exports-DECREE
Death toll from Israeli attacks on Lebanon rises to 3,666 — Health Ministry
Parties begin presenting arguments in appellate proceedings on appeals filed Armenian citizens-PHOTO
Netherlands resumes operations of embassy relocated from Iran to Azerbaijan in Tehran
IDF chief: Israel planned ‘severe blow’ to Iranian regime, is prepared to return to war
Lebanon says at least 8 killed in IDF strike on Tyre before evacuation warning
Russia insists on withdrawal of U.S. nuclear weapons from Europe
Prime Minister of the Turkish Republic of Northern Cyprus to visit Baku
Funeral of former leader Ayatollah Seyed Ali Khamenei to be held after June 25
Energy Efficiency Information System Regulations approved
Azerbaijan in talks with Türkiye and UAE on cross-border payments
Baku to host 14th Private Sector Forum of IsDB Group
Armenia opens criminal case against Gagik Tsarukyan over alleged large-scale tax evasion - PHOTO
Azerbaijan raises bone marrow transplant coverage limit under mandatory health insurance
Azerbaijan approves rules for maintenance and use of public railway infrastructure
Slovenian President congratulates Azerbaijani leader on Independence Day
Azerbaijani Parliament discloses date and agenda of next extraordinary session meeting
EU to propose 21st package of sanctions targeting Russia's banks
Azerbaijan records 427 mine victims since Patriotic War
Peskov: U.S. mediation process on Ukraine has been suspended
Four killed in major fire near Arsenal plant in St. Petersburg
Car explosion in Moscow Region kills lieutenant general - VIDEO - UPDATED
Two air defense personnel killed in Israeli strikes - IRGC media
Central Bank strengthens data governance for AI solutions
5.4-magnitude quake hits Southern Mid-Atlantic Ridge -GFZ
Kobakhidze calls possible suspension of visa-free regime an EU blackmail attempt
ABA: Platforms to be established with Turkic-speaking states will reduce service costs
Parliamentary hearing on agriculture to be held in Milli Majlis
Legal basis created for exchange of state-owned property with privately owned assets
18 wagons of fertilizer and anthracite shipped from Russia to Armenia via Azerbaijan transit route - UPDATED
Azerbaijan thwarts attempt to smuggle large quantity of narcotics from Iran into the country
Minister of Science and Education met with the Secretary General of the OTS
Azerbaijan reduces investment in Georgia's economy
Azerbaijan's strategic foreign exchange reserves reach AZN 88.4 billion