(MENAFN- Trend News Agency)
BAKU, Azerbaijan, August 29. Creation of wide
opportunities for energy cooperation between Azerbaijan and
Uzbekistan is important, Azerbaijani Energy Minister Parviz
Shahbazov said during a meeting with First Deputy Minister of
Energy of Uzbekistan Azim Akhmedkhadjaev, the Azerbaijani ministry
told Trend .
According to Shahbazov, the memorandum of understanding signed
between the relevant ministries of both countries in Tashkent, the
discussion of the road map, as well as joint activities in the
energy sector will contribute to the implementation of multifaceted
energy projects.
Akhmedkhadjaev noted that there are important tasks at the new
stage of bilateral cooperation in the energy sector.
'The experience of specialists from Uzbekistan and Azerbaijan in
the field of renewable energy and hydrocarbons, the traditionally
friendly relations of our countries, and joint efforts will serve
to develop the energy sector and the economy in both countries,' he
added.
During the meeting, a road map on the expansion of cooperation
between Azerbaijan and Uzbekistan in the energy field was signed
between the parties.
The document covers 30 directions, including the creation of a
joint working group, cooperation in the Azerbaijani liberated
territories, and the participation of Uzbek companies in renewable
energy projects.
'According to the road map, the implementation of which is
envisaged in 2022-2023, Azerbaijan and Uzbekistan will cooperate in
the field of energy transition and decarbonization, the export and
import of oil and gas and chemical products, oil refining, as well
as geological exploration and production of hydrocarbons,” the
ministry said.
The road map also envisages the construction of new thermal
power plants through private investments, the exchange of
experience in the areas of heat supply, the liberalization of
energy markets, the efficient use of energy resources, the
organization of joint training, the promotion of mutual investment,
and cooperation between the energy authorities of two countries,
added the ministry.
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