Azerbaijan, Germany mull cooperation in energy sector

FEBRUARY 23, 2021

An online meeting was held between the Ministry of Energy, the Azerbaijan Energy Regulatory Agency (AERA), and the German-Azerbaijani Chamber of Commerce (AHK Azerbaijan), Report informs, referring to AERA.

The meeting was also attended by representatives of the German Federal Ministry for Economic Affairs and Energy and German companies operating in the oil and gas sector.

Chairman of the AERA Board, Samir Akhundov, noted that significant work is being done in Azerbaijan to develop the sphere of energy regulation. He spoke about current and planned essential projects in renewable energy, oil, and gas.

He also noted the interest in bilateral cooperation between Germany and Azerbaijan in the relevant field.

Representatives of German oil and gas companies made presentations about their products and services and answered questions about development trends, tenders, and cooperation opportunities.