The UK has invested $28.8 billion in the Azerbaijani energy sector, Azerbaijani Energy Minister Parviz Shahbazov said.
Shahbazov made the remark at the press-conference on economic cooperation between Azerbaijan and the UK.
“In general, UK’s investments in the Azerbaijani economy amount to $30.6 billion,” the minister said.
A Memorandum of Understanding was signed between the Azerbaijani Ministry of Energy and the International Finance Corporation (IFC), a member of the World Bank Group, on cooperation in the use of offshore wind energy for the development of renewable energy sources in Azerbaijan, Trend reports citing the ministry.
On 9 April 2021, President of Uzbekistan Shavkat Mirziyoyev signed a resolution “On measures to develop renewable and hydrogen energy in the Republic of Uzbekistan”. This was reported by the press service of the Ministry of Energy of the Republic of Uzbekistan.
Azerbaijani Minister of Energy Parviz Shahbazov received a delegation led by Romanian Deputy Minister of Economy, Energy and Business Environment Niculae Havrilet that is in Baku to attend the sixth meeting of the Advisory Council of the Southern Gas Corridor, “Trend.az” reports referring to the Azerbaijani Ministry of Energy.
The representatives of TRANSGAZ S.A. and ROMGAZ S.A. companies attended the meeting.
