Bank Of Baku

Increase of natural gas export from Azerbaijan to Europe was discussed

Increase of natural gas export from Azerbaijan to Europe was discussed
# 18 October 2022 09:25 (UTC +04:00)

Minister of Energy Parviz Shahbazov received Fergus Auld, the newly appointed Ambassador Extraordinary and Plenipotentiary of the United Kingdom of Great Britain and Northern Ireland to Azerbaijan. The minister congratulated the ambassador on his appointment and expressed his belief that he will make a positive contribution to the future development of cooperation between Azerbaijan and Great Britain during his tenure, Ministry of Energy told APA-Economics.

During the meeting, the activity of the Joint Intergovernmental Commission on economic cooperation between the two countries was specially mentioned in the expansion of mutual relations, including the development of relations in the energy field. The progress of the implementation of the protocol on the 5th meeting of the commission and issues related to the next meeting were discussed.

They spoke about the current state of cooperation with the BP company, which has a special place as a strategic partner and leading investor in the oil and gas sector in our country, in the direction of the development of the "green energy" field. Information was provided about the increase of natural gas export from Azerbaijan to Europe, renewable energy potential on land and sea in our country, ideas were exchanged about potential cooperation opportunities in decarbonization, wind and solar energy, "green hydrogen" and "green electricity" export, energy efficiency, and other areas.

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