A meeting was held between Azerbaijan’s Minister of Energy Parviz Shahbazov and Marius-Gabriel Lazurca, National Security Adviser to the President of Romania, APA-Economics reports.
During the meeting, it was emphasized that the energy sector plays an important role in the development of relations between the two countries based on a strategic partnership. Oil and gas supplies, as well as SOCAR’s extensive operations in Romania, were noted as indicators of strong cooperation in the hydrocarbons sector.
It was stated that the Caspian-Black Sea-Europe Green Energy Corridor project would further strengthen this cooperation in the field of electricity. Marius-Gabriel Lazurca noted that the project is of particular importance not only for individual countries but also for the energy security and sustainable development of the European Union as a whole, adding that Azerbaijan acts as an important energy partner for Europe within this initiative.
The meeting noted that the results of the project's feasibility study will be presented in the near future. It was emphasized that the Green Energy Corridor will create long-term economic and energy benefits both for producer countries such as Azerbaijan and for Romania, Hungary, and other Central and Eastern European countries.
The sides also reviewed Romania’s innovations in the energy sector and assessed prospects for future cooperation.
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