A meeting with the delegation of the US Caspian Policy Center was held at the Ministry of Energy

Minister of Energy Parviz Shahbazov met with the delegation of the US Caspian Policy Center.

Stressing the importance of Azerbaijani-US relations, the Minister noted that cooperation between the two countries in the field of energy has a successful history. It was stated that Azerbaijan, known as an oil country in the world, is now known as a country exporting gas with the launch of the Southern Gas Corridor, as well as participating in the energy security of Europe, and the United States has always supported the implementation of large-scale and strategic projects with the initiative and participation of Azerbaijan.

It was noted that Azerbaijan paid special attention to the development of the use of renewable energy sources. It was noted that the expansion of the use of green energy was defined as one of the five national priorities by the decree of the President of the Republic of Azerbaijan Mr. Ilham Aliyev on the approval of the “Azerbaijan 2030: National priorities on socio-economic development”, and at the same time, the target was set to bring the share of renewable energy sources up to 30% in the total installed capacity by 2030. Information was provided about the renewable energy potential of Azerbaijan, the steps taken to realize this potential, the laws drafted in this field, the activities implemented to attract private and foreign investment, and projects implemented with two international companies on the development of the utility scale wind and solar power plants at the expense of foreign investment.

During the meeting, they were also informed about the reconstruction work carried out in the territories liberated from occupation with the historical victory gained in the 44 days Patriotic War, including the restoration of the energy infrastructure, extensive hydro, solar and wind energy potential in these areas, the plans for the establishment of the “green energy zone” and the measures taken in this area under the instruction of the President of the Republic of Azerbaijan Mr. Ilham Aliyev. At the end, the questions of the representatives of the center were answered.

Executive director of the Caspian Policy Center Efgan Nifti, a member of the center and former US Ambassador to Azerbaijan Robert Cekuta, former Ambassador to Kazakhstan and Tajikistan, US Co-Chair of the OSCE Minsk Group Richard Hoagland and other members of the center attended at the meeting.