Azerbaijan to establish joint venture with 3 countries for transfer of green energy to Europe

Azerbaijan will establish a joint venture with 3 countries for the transfer of green energy from the Caspian Sea to Europe, Azerbaijani Energy Minister Parviz Shahbazov said on Twitter, Report informs.

“In Bucharest, we signed the MoU with counterparts from Georgia, Romania and Hungary on the establishment of a joint venture between 4 countries for the implementation of the project, which envisages the Green Energy transmission from the Caspian Sea to Europe,” he tweeted.