Baku, Astana, Tashkent Seal Deal After Powwow On Linking Energy Systems
(MENAFN- Trend News Agency)
ASTANA, Kazakhstan, August 6. After a
trilateral meeting in Astana regarding a proposal to LINK energy
networks, Azerbaijan, Kazakhstan, and Uzbekistan signed a protocol,
Trend reports via
the Azerbaijani Ministry of Energy.
The meeting reviewed the progress made thus far in developing
the green energy corridor connecting Azerbaijan, Central Asia, and
Europe, as well as planned future actions.
The ministry pointed out that the draft Strategic Partnership
Agreement for the development and transfer of green energy between
the three countries was agreed upon, the Terms of Reference for the
preparation of the initial feasibility study were approved, and the
Italian CESI company was selected to develop it.
Besides, the ministry emphasized that an agreement was reached
on the creation of a joint venture with the participation of the
national energy companies of the parties.
To note, the ministers of energy of Kazakhstan, Azerbaijan, and
Uzbekistan signed a memorandum of cooperation on the
interconnection of the energy systems of the republics within the
framework of the Tashkent International Investment Forum on May
1.
The signed memorandum's purpose is to define the basic
conditions of cooperation within the project's framework on the
interconnection of energy systems in Azerbaijan, Kazakhstan, and
Uzbekistan.
The paper assumes that the participants intend to investigate
the possibilities of connecting energy systems by laying a
high-voltage cable along the Caspian Sea bed and in other countries
with the implementation of the most optimal trade in green energy
from Azerbaijan, Kazakhstan, and Uzbekistan.
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