Maintaining the balance between global oil supply and demand is one of Azerbaijan's main objectives within the framework of OPEC+ cooperation, Azerbaijani Energy Minister Parviz Shahbazov stated at the inaugural Technical Committee meeting of the OPEC+ Charter of Cooperation (CoC) in Baku, Report informs.
The minister stressed that Azerbaijan has been an active participant in the Declaration of Cooperation for nearly a decade, contributing responsibly to the stability of the global oil market.
"Our primary goal is to preserve the balance between supply and demand. This is a clear indicator of our commitment to cooperation within OPEC+. Azerbaijan will continue to contribute to maintaining stability in the global energy market and to advancing international cooperation," Shahbazov said.