Working Group of Ministry of Energy and BP holds first meeting

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On March 18, the Working Group’s first meeting was held within the Memorandum of Understanding signed between the Ministry of Energy of the Republic of Azerbaijan and BP, Report informs.

During the meeting held in video conference format, the sides exchanged views on bp’s proposals on the areas of activity envisaged in the Memorandum of Understanding, identification of potential areas for future cooperation, clarification of priorities for the development of cities under the green energy concept in Azerbaijan and the agreement of the next stages of the partnership. Information was given about bp’s “net zero-emission cities”, its experience in integrated energy solutions and carbonization, and its cooperation with Aberdeen and Houston in this direction.

The participants of the meeting were informed about the projects implemented in the field of energy efficiency and the use of renewable energy sources in the energy sector in our country.

Representatives of other state agencies represented in the Working Group – the Ministry of Economy, The Ministry of Transport, Communications and High Technologies, the Ministry of Agriculture, the Ministry of Ecology and Natural Resources, the State Committee for Urban Planning and Architecture, Azerenergy OJSC and Azerishig OJSC attended the meeting.

On February 22, 2021, the Ministry of Energy of the Republic of Azerbaijan and bp signed a memorandum of understanding on cooperation in assessing the potential and conditions required for large-scale de-carbonized and integrated energy and transport systems, including renewable energy projects in the regions and cities of Azerbaijan.