BP to submit commercial proposal to Government of Azerbaijan

2019-07-20 12:13:08

(MENAFN- Trend News Agency) Baku, Azerbaijan, July 20

By Sara Israfilbayova - Trend:

BP Azerbaijan will submit to the Azerbaijani Government a commercial proposal related to the production of alternative energy, BP Azerbaijan Vice President Bakhtiyar Aslanbayli toldTrend .

"We have had long discussions on this issue and are already going to make a proposal to the government," he said.

The vice-president said that the proposals would be related to solar and wind energy.

In December 2018, BP and Azerbaijan's Energy Ministry signed a memorandum of understanding (MoU) to jointly explore potential opportunities for development of renewable energy in Azerbaijan.

The memorandum envisages the development of a legal framework for the functioning of this sector.

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