Azerbaijan`s Minister of Energy Parviz Shahbazov has met with CEO of Saudi Arabia`s National Companies Promotion Program Badr AlBadr.
The sides exchanged views on current and future investment opportunities in Azerbaijan’s energy sector.
The meeting continued in a wide format with a delegation from the Ministry of Investment of Saudi Arabia, the Investment Department, and the National Companies Promotion Program. At the meeting with the participation of Deputy Energy Minister Kamal Abbasov, information was provided on Azerbaijan’s oil and gas fields, global energy transportation projects, “green energy” potential, auctions to attract private investment in the area, as well as other strategic goals and plans. Investment-based cooperation issues on both oil and gas projects, as well as renewable energy, including offshore wind and solar power plants were discussed at the meeting.