(MENAFN- Trend News Agency) BAKU, Azerbaijan, August 30. Azerbaijan and the
World Bank (WB) have discussed priority directions for energy
sector development, Trend reports.
According to the Ministry of Energy of Azerbaijan, the relevant
discussions were held at the meeting of Energy Minister Parviz
Shahbazov with the new WB manager for Azerbaijan, Stefanie
Stallmeister.
During the conversation, the implementation of projects in
Azerbaijan with the technical and financial support of the World
Bank was highly appreciated, and opinions were exchanged on
cooperation with the Bank and priority directions for the
development of the country's energy sector.
Information was also presented on energy transition, energy
efficiency, renewable energy sources, and energy projects realized
from the Caspian Sea to Europe, including an assessment of wind
energy potential in the Caspian Sea.
In addition, the meeting touched upon the preparation of a new
World Bank Group Partnership Framework Document for Azerbaijan
covering 2023–2028.
Stefanie Stallmeister took over the duties of WB Regional
Manager for Azerbaijan on July 1, 2023. Prior to this appointment,
she held the position of the World Bank's Country Manager for
Vietnam, East Asia, and the Pacific.
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