(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 13. State Oil Company
of Azerbaijan Republic (SOCAR) and bp have discussed joint
initiatives on the transition to green energy, Azerbaijani Economy
Minister Mikayil Jabbarov said on X, Trend reports.
"We met with Murray Auchincloss, CEO of bp, together with SOCAR
President Rovshan Najaf and our colleagues. Our conversations
focused on assessing the results of our bilateral cooperation and
identifying new potential for partnership. We also discussed
cooperation projects in the areas of green energy transition,
decarbonization, and exploration and production. bp emphasized its
commitment to strengthening the existing collaboration with
Azerbaijan and indicated strong interest in investing in renewable
energy initiatives," the publication says.
bp CEO Murray Auchincloss is slated to pay a two-day business
visit to Azerbaijan to explore the company's long-term
collaboration ambitions. Auchincloss will hold multiple internal
meetings during his visit, including sessions with bp management in
Azerbaijan, Georgia, and Türkiye, as well as a meeting with bp's
regional personnel.
In addition, he intends to call at the Sangachal Terminal.
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