Azerbaijan and the United States have discussed prospects for developing energy cooperation, Report informs, citing the Ministry of Energy.
These issues were addressed during a meeting between Azerbaijan’s Minister of Energy, Parviz Shahbazov, and the US Embassy’s Chargé d'Affaires in Azerbaijan, Hugo Guevara.
The parties highlighted the role of the Azerbaijan-US energy partnership in ensuring regional and European energy security. Discussions focused on new cooperation opportunities within Azerbaijan’s internationally significant projects and initiatives in the oil and gas sector, as well as renewable energy.
Azerbaijan's commitment to renewable energy development was emphasized, ensuring diversification in the country’s energy balance and supply network. It was noted that the first phase of the "green energy" development plan is nearing completion, aiming to meet domestic demand and increase the share of renewables in electricity generation capacity to 33%.
The sides noted the measures taken to strenthen the network and the new projects implemented to create additional capacities of renewable energy. The meeting also covered the implementation of "green energy" interconnector projects with Turkey, Europe, and Central Asia, underscoring the importance of supplying clean energy to Europe through this infrastructure.
The discussion further included exchanges on the Southern Gas Corridor and the Advisory Council on Green Energy.