News

The average interruption duration of electricity supply to the customer in the capital city Baku during 2018 was 0.86 hours (based on SAIDI indicator).

The Minister of Energy Parviz Shahbazov received the delegation led by Ibrahim bin Abdulrahman Al-Omar, the Head of Saudi Arabia's General Investment Authority, co-chair of Saudi Arabia-Azerbaijan Intergovernmental Commission.

The next round table on cooperation between the public-private partnership in the development of renewable energy legislation, organized by the Ministry of Energy, was held with the participation of relevant government agencies, international organizations and financial institutions.

At the Ministry of Energy, the Working Group held a meeting to discuss the issues of monitoring and evaluation of measures the implementation of which is implied by the “Strategic Road Map on Development of Utilities (electricity and thermal energy, water and gas) in the Republic of Azerbaijan” during the 2018-2019 period.

At the Ministry of Energy, a delegation led by Deputy Chairman of "Azerkosmos" OJSC Rovshan Rustamov discussed issues of applying satellite observation services in the energy sector.

Minister of Energy Parviz Shahbazov made a visit to Mıngachevir in order to get acquainted with the work implemented on the “Azerbaijan” TPP within the “Program on Optimization and Restoration of “Azerenerji” OJSC Power Generation”. The performance of the "Azerbaijan" TPP was observed and discussed with the participation of the Minister.

Members from Azerbaijan of the Joint Technical Commission established for continuing the construction and exploitation of “Khudaferin” and “Maiden Tower” hydro-junctions and hydroelectrical power plants on the Aras river participated in the meeting at the Ministry of Energy.

The OPEC Secretariat at the Austrian capital, Vienna, hosted a high-level meeting of non-OPEC countries on the "Charter of Cooperation between the Oil-producing Countries".

Memorandum of Understanding was signed between the Ministry of Energy of the Republic of Azerbaijan and Norwegian Equinor Absheron AS. The Memorandum envisages cooperation in the field of the use of renewable energy sources, the general principles of bilateral cooperation, assessment of renewable energy sources potential, and the creation of suitable conditions for profitable investment in this area.

The delegation led by the Minister of Energy of Mongolia, Tserenpil Davaasuren, who visited Azerbaijan at the invitation of the Minister of Energy Parviz Shahbazov, has been at the Ministry of Energy. The Minister of Energy of Mongolia mentioned that this visit and meetings were an opportunity to strengthen the cooperation between the two countries in energy sector, as well as in the other areas.