(MENAFN- Trend News Agency) BAKU, Azerbaijan, December 19 . Saudi Arabia
expressed its desire to join the process of exporting 'green'
electricity from Azerbaijan to Europe, Minister of Investment of
Saudi Arabia, co-chair of the joint commission of the two countries
Khalid bin Abdulaziz Al-Falih said on December 19, trend reports.
Al-Falih made the remark at the 7th meeting of the Joint
Commission on Cooperation between Azerbaijan and Saudi Arabia held
in Baku.
'ACWA Power [Saudi Arabian company] is implementing a
240-megawatt energy project in Azerbaijan. However, this is not
enough. We would like to implement larger energy projects and join
the agreement signed a few days ago by Azerbaijan on the export of
electricity to Europe,' he noted.
The minister added that there are wide opportunities for the
development of relations between the two countries.
'I thank President of Azerbaijan Ilham Aliyev for his support in
expanding relations between Azerbaijan and Saudi Arabia. There are
opportunities for cooperation between our countries in many areas,
especially in the energy sector,' he stressed.
The“Agreement on a strategic partnership in the field of green
energy development and transmission between the Governments of the
Republic of Azerbaijan, Georgia, Romania and Hungary” was signed on
December 17 in Bucharest.
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