(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 29. Azerbaijan holds a
crucial position in the oil and gas market, and the signing of the
'Contract of the Century' [ratified by the Azerbaijani Parliament
on 12 December 1994] marked the start of this process, Rector of
ADA University, Ambassador Hafiz Pashayev said at the closing
ceremony of the 16th Baku Summer Energy School (BSES) on July 29,
Trend reports.
He noted that the Caspian littoral states can further work on
joint energy projects.
The 16th BSES, supported by the Institute for Development and
Diplomacy (IDD) of ADA University and in partnership with the State
Oil Company of Azerbaijan (SOCAR), bp Azerbaijan, Kolin, Masdar,
and TotalEnergies, was held from July 16 through July 29.
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