Enhancing International Energy Cooperation in Spotlight of Baku Energy Week

Baku: Parviz Shahbazov, Azerbaijan's Minister of Energy, held several meetings as part of Baku Energy Week.

According to Azerbaijan State News Agency, the prospects for the development of cooperation in the energy sector between Azerbaijan and Bangladesh were discussed during the meeting with Bangladeshi Minister of Energy and Mineral Resources Iqbal Hassan Mahmood. The discussion centered around the expansion of existing cooperation between SOCAR and Bangladeshi companies, LNG supply, and the formation of a long-term energy partnership. The importance of energy cooperation in the D-8 format was also noted.

In another significant meeting, Shahbazov met with Ulf Heitmller, Chair of the Executive Board of German VNG AG, to discuss cooperation on gas supply, energy transition, and low-carbon solutions. The discussions focused on the energy transition in Azerbaijan, the development of renewable energy sources, battery energy storage systems, and the modernization of the energy system.