The Energy Minister met with the Secretary General of the Organization of Oil Exporting Countries (OPEC)

Energy Minister Parviz Shahbazov met with OPEC Secretary General Haitham Al Ghais within the framework of the first meeting of the Technical Committee on the Charter of Cooperation (CoC) held in Baku.

During the meeting, the outcomes of cooperation within the OPEC+ framework were highly appreciated, and the Charter of Cooperation was underscored as an important platform for further expanding this successful partnership.

The Secretary General highly appreciated Azerbaijan’s role as a reliable and constructive partner within the OPEC+ framework and expressed his gratitude to the President of the Republic of Azerbaijan Ilham Aliyev for his continued support for this cooperation. He noted that the Inaugural Technical Committee Meeting held in Baku marks an important milestone in further deepening multilateral cooperation under the Charter of Cooperation.

Minister Parviz Shahbazov highlighted that the dialogue and cooperation fostered through the OPEC+ platform have played a significant role in Azerbaijan’s notable achievements in the field of renewable energy. It was noted that the regular engagement among ministers and the atmosphere of mutual trust have made an important contribution to expanding Azerbaijan’s partnerships with international energy companies, including the implementation of large-scale renewable energy projects.

The meeting also included an exchange of views on the future prospects of OPEC+ cooperation, the expansion of partnership among participating countries into new areas, and the more effective realization of the potential of the Charter of Cooperation.