Antalya:Azerbaijan's Minister of Energy, Parviz Shahbazov, held significant bilateral meetings with Bulgarian Minister of Energy, Iva Petrova, and Executive Director of the International Energy Agency (IEA), Fatih Birol, on the sidelines of COP31 in Antalya, as reported by the Ministry of Energy.

According to Azeri-Press news agency, the meeting with the Bulgarian minister focused on cooperation in the natural gas sector and the development of the Azerbaijan-Georgia-Türkiye-Bulgaria Green Energy Corridor. Discussions included the establishment of a joint venture for the corridor and the initiation of a feasibility study, highlighting the project's potential to develop new renewable energy capacities and export electricity generated in Azerbaijan to Turkish and European markets. The parties also exchanged views on the involvement of European companies in the projects, financing opportunities, and technological cooperation.

In the discussions with Fatih Birol, the IEA's support for the development of COP29 energy initiatives was commended. The conversation addressed the increasing importance of electrification in the energy transition, Azerbaijan's cooperation with the IEA, and opportunities to align joint efforts with new priorities. The discussions also covered the role of natural gas in ensuring energy security and the opportunities provided by green energy corridors to expand electrification. Continuation of Azerbaijan's dialogue and technical cooperation with the IEA concerning the electrification agenda was also considered.