Israeli companies to be involved in renewable energy auctions in Azerbaijan

Israeli companies to be involved in renewable energy auctions in Azerbaijan
# 16 June 2021 17:40 (UTC +04:00)

Minister of Energy Parviz Shahbazov received the Ambassador Extraordinary and Plenipotentiary of the Republic of Israel to the Republic of Azerbaijan Mr. George Deek. At the meeting, prospects for further development of cooperation in the field of energy were discussed, the Ministry of Energy told APA-Economics. 

It was noted that Israel is not only an important partner for Azerbaijan, but also a country of so much importance for Israel's energy security, and Azerbaijani oil made up a significant share of Israel's oil imports. Information was provided about the projects and future plans implemented in Azerbaijan in the field of energy, as well as in the liberated territories, and it was noted the potential for cooperation with Israeli companies with advanced experience and technologies in the field of renewable energy and energy efficiency. The importance of encouragement of Israel`s companies to participate in the renewable energy auctions to be held in the country in the future was emphasized.

The exchange of information and experience in relevant areas, as well as a number of other issues of mutual interest were discussed at the meeting.

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