(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 3. Azerbaijani Minister
of Energy Parviz Shahbazov has met with Algerian Minister of Energy
and Mining Mohamed Arkab as part of participation in the 7th summit
of the Gas Exporting Countries Forum (GECF) in Algiers, Trend reports.
During the meeting, the sides expressed satisfaction with the
constructive development of cooperation within the GECF, OPEC+, and
bilateral format.
The current state of energy cooperation between Azerbaijan and
Algeria was reviewed. An agreement was reached to speed up the
process of establishing a joint working group in accordance with
the Memorandum of Understanding on oil and gas cooperation signed
between Azerbaijan and Algeria in 2022.
The sides also discussed issues related to the expansion of
cooperation between SOCAR and Sonatrach, state-owned oil companies
of the countries, and the establishment of an intergovernmental
commission.
The Azerbaijani energy minister invited his Algerian counterpart
to visit Azerbaijan.
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