The Minister of Energy delivered a speech at the XXII Eurasian Economic Summit

The Energy Minister of Azerbaijan Parviz Shahbazov delivered a speech at the XXII Eurasian Economic Summit in Istanbul. In his welcoming speech, the Minister assessed the activity of the Eurasian Economic Summit as one of the most successful formats of cooperation promoting peace and dialogue for many years.

Ministry of Energy and Total have signed Memorandum of Understanding

The Memorandum of Understanding (MoU) on the development of the renewable energy sector in Azerbaijan was signed between the Ministry of Energy and Total Eren of France. The document was signed by the Deputy Minister of Energy Elnur Soltanov and Emmanuel Terroir, the Business Development Director for Caucasus at Total Eren. The Memorandum of Understanding envisages co-operation and capacity building for investment in renewable energy projects in Azerbaijan.

Equinor made a presentation on energy perspectives at the Ministry of Energy

A meeting with the delegation led by the Senior Vice President of Equinor Eric Vaerness was held at the Ministry of Energy. Deputy Minister of Energy Samir Valiyev praised Equinor's (former Statoil) long - term activities in Azerbaijan as one of the first foreign oil companies to invest in Azerbaijan.

The date of OPEC meetings in Baku announced

The 27th meeting of the Joint Technical Commission (JTC) of OPEC and non-OPEC countries and the 13th meeting of the Joint Ministerial Monitoring Committee (JMMC) in Baku have been agreed on.

Implementation of the pilot project on floating solar panels was discussed

The first meeting of the Working Group on the Pilot Project “Knowledge Exchange and Technical Assistance on the Development of Floating Solar Panels System” was held at the Ministry of Energy with the participation of Asian Development Bank, consulting company and representatives of a number of government agencies.