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Energy Minister meets with OPEC Secretary General
Within COP29, the Minister of Energy Parviz Shahbazov met with Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Haitham Al Ghais.
At the meeting, the Secretary General Haitham Al Ghais expressed his support for the COP29 presidency of Azerbaijan and spoke about his participation in the events held within the COP. The Secretary General also said that Azerbaijan plays a constructive role in regulating the global oil market.
At the meeting, global trends in the energy market, prospects for the oil industry, the importance of investments in reducing emissions and introducing new technologies to achieve clean energy were discussed. The participants reviewed the renewable energy projects implemented by the countries represented in the OPEC plus format and the contributions of these cooperations to the green energy partnership. In this regard, the participation of the UAE and Saudi Arabia in renewable energy projects in Azerbaijan and the countries of Central Asia was noted.
During the conversation, the importance of mutual cooperation in ensuring the stability of the energy market was emphasized and the importance of continuing such dialogues was expressed.