A meeting was held with the Secretary General of OPEC at the Ministry of Energy

Energy Minister Parviz Shahbazov met with OPEC Secretary General H.E. Haitham Al Ghais within his visit to Azerbaijan.

During the meeting, issues related to the cooperation between OPEC and Azerbaijan within the Declaration of Cooperation, the participation of our country in the regulation of the global oil market, as well as the current status and development trends related to the dynamics of supply and demand were discussed.

 The historical role of the President of the Republic of Azerbaijan Mr. Ilham Aliyev in the promotion and implementation of the OPEC plus format initiative was highly appreciated. The Secretary General said that Mr. President's clear vision of energy security, development of the oil and gas industry and investments leads to up new opportunities for our joint activities. We are pleased to share the same position with Azerbaijan.

 It was noted that the goal of cooperation within the OPEC plus is to provide the world with the energy necessary for economic development. And this can be possible with the use of all types of energy. 

 Energy Minister Parviz Shahbazov said that the development of the oil and gas sector by reducing carbon emissions is important for sustainable energy security. Based on this approach, there is a need for cooperation on a wider platform with the participation of Azerbaijan, OPEC, other countries and organizations, and we must develop our efforts to stabilize the oil market in this direction.

 During the conversation, the deepening of relations between the OPEC Secretariat and Azerbaijan, the contributions of cooperation with the member countries of the organization in the "OPEC plus" format to the partnership of Azerbaijan in the field of green energy were also discussed.