Energy Central News

Curated power industry news from thousands of top sources.


Azerbaijan and Ukraine will jointly invest in oil and gas projects

  • Jun 18, 2021 9:11 am GMT
Turan Information Agency

Baku/18.06.21//Turan: The 4th videoconference meeting of the Ukrainian-Azerbaijani working group on cooperation in the energy sector was held, the Ukrainian Embassy in Azerbaijan reported.

The meeting was chaired by Deputy Energy Minister of Ukraine Yaroslav Demchenko and Deputy Energy Minister of Azerbaijan Kamal Abbasov.

The parties highly appreciated the level of bilateral cooperation and mutual understanding in issues related to the development of Ukrainian-Azerbaijani cooperation in the energy sector. Areas of further cooperation were identified.

The meeting resulted in agreements on the continuation of cooperation in the framework of projects in the field of oil transportation; diversification of SOCAR's activities in Ukraine and increasing the presence of an Azerbaijani company in the oil product market; joint implementation of investment projects in the oil and gas sector; exchange of experience in the context of the implementation of the development of "green" energy; introduction of effective mechanisms for regulating energy markets; development of cooperation in the field of energy efficiency and energy saving. The next meeting of the working group is to be held in 2022. -0-

Spell checking: Press the CTRL or COMMAND key then click on the underlined misspelled word.

No discussions yet. Start a discussion below.

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »