BAKU, Azerbaijan, May 27. The aim is to
remodel Azerbaijan into a rustic with a clear setting and
inexperienced power, the nation’s Minister of Economy Mikayil Jabbarov
stated throughout a gathering with the UAE Minister of Industry and
Advanced Technology, COP28 President-Designate, and Chairman of
Masdar (renewable power firm) Sultan Ahmed Al Jaber, Trend stories.
Azerbaijani Minister of Economy Mikayil Jabbarov held a quantity
of conferences within the UAE.
During the conferences, which had been additionally attended by SOCAR (State
Oil Company of the Republic of Azerbaijan) President Rovshan Najaf,
an trade of views came about on the prospects for mutually
During the talks with Al Jaber, the minister knowledgeable him about
carried out tasks for the environment friendly use of power and the
creation of latest sustainable power sources.
The nice potential of Azerbaijan within the subject of making
various power sources was famous, in addition to the truth that the
nation efficiently cooperates with Masdar on this subject.
It was highlighted that the diversification of power manufacturing
by means of renewable sources is likely one of the primary targets, and cooperation
with the corporate will contribute to the implementation of the
nation’s priorities within the subject of sustainable and clear
In flip, Al Jaber spoke in regards to the actions of Masdar, and its
expertise in varied international locations and expressed satisfaction with the
cooperation with Azerbaijan.
He additionally emphasised that the favorable geographical location,
potential, and developed infrastructure of the nation create
situations for increasing cooperation.
Furthermore, the assembly problems with profitable financial ties
between the 2 international locations, tasks on oil and gasoline manufacturing
(upstream) and petrochemistry (downstream), in addition to the
growth of cooperation within the transportation of hydrocarbon
assets (midstream) and the manufacturing of inexperienced power had been
At the identical time, in the course of the go to, a gathering was held with
Ahmed al Shamsi, CEO of Abu Dhabi Sewerage Services Company.
During the assembly, an trade of views came about on the
significance of environment friendly use of assets within the face of latest
financial challenges, a good funding local weather created in
Azerbaijan, and alternatives for cooperation with the nation in
making use of modern mechanisms for sustainable growth.