Azerbaijani, Saudi companies ink energy deal

Tural Ibadli
Post's author

Today, an agreement was signed between the Ministry of Energy, Azerenergy OJSC, and ACWA Power of Saudi Arabia.

Report informs, the documents were signed by Energy Minister of Azerbaijan Parviz Shahbazov, President of Azerenergy Baba Rzayev, and ACWA Power CEO Mohammad Abunayyan.

The agreement includes an investment deal for a 240 MW wind farm project, an energy purchase and sale contract, and an agreement on connection to the transmission network.

Latest news

UK ambassador to Russia gets note of protest 26 November, 2024 / 20:58
Embassy: US highly values Azerbaijan's commitment to NATO partnership 26 November, 2024 / 20:57
Israel security cabinet set to approve Hezbollah ceasefire deal 26 November, 2024 / 20:48
6.4-magnitude earthquake strikes off Japan's western Ishikawa Prefecture 26 November, 2024 / 20:41
Azerbaijan's Shahdag to host Mountain Resorts Festival 2025 26 November, 2024 / 20:37
Azerbaijan increases its furniture import expenses by over 23% 26 November, 2024 / 20:27
Azerbaijan partially lifts visa requirements with Saudi Arabia and Indonesia 26 November, 2024 / 20:12
Azerbaijan Airlines soon to launch Baku-Seoul direct flights 26 November, 2024 / 19:50
Cost of Georgia’s mineral imports from Azerbaijan disclosed 26 November, 2024 / 19:44
Georgia increases cigarette imports from Azerbaijan 26 November, 2024 / 19:32
Russian president's aide: Pashinyan will not attend CSTO summit in Astana 26 November, 2024 / 19:19
SAT-SAS-2024 exercise continues 26 November, 2024 / 19:05
Norwegian aid for Ukraine to reach $2.7B in 2025 26 November, 2024 / 18:55
Azerbaijan’s natural gas exports to Türkiye rose by 16% in September 26 November, 2024 / 18:39
Czech ambassador: Azerbaijan organized COP29 at high level 26 November, 2024 / 18:24