Arab News, Thursday, May 25, 2023 | Thul-Qidah 5, 1444
Saudi Arabia signs energy cooperation deal with Azerbaijan
Saudi Arabia: Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman met his
Azerbaijani counterpart Parviz Shahbazov on Wednesday to discuss bilateral
cooperation in the fields of energy, including renewables, Saudi Press
Agency reported.
During the meeting, the pair signed an energy cooperation agreement covering
oil, petrochemicals, gas, electricity and energy efficiency. The deal also
outlines cooperation in the field of circular carbon economy and related
technologies that seek to mitigate the impact of climate change.
The countries also agreed to work together to develop innovative uses of
hydrocarbons, conduct joint academic research, organize panel discussions,
seminars and multilateral conferences, and share experiences and knowledge
in the field of energy.