RIYADH: The Kingdom of Saudi Arabia (KSA) and Azerbaijan on Wednesday inked an agreement to cooperate in the energy sector, Arab media reported.
The energy sectors included petrochemicals, petroleum, electricity, gas, renewable energy, and energy efficiency. KSA and Azerbaijan also agreed to extend cooperation in the field of the circular carbon economy and its technologies in order to reduce the effects of climate change.
سمو #وزير_الطاقة يجتمع مع وزير الطاقة في جمهورية أذربيجان ويوقعان اتفاقية للتعاون بين البلدين
— وزارة الطاقة (@MoEnergy_Saudi) May 24, 2023
KSA, Azerbaijan Vow to Cooperate in Energy Sector
The deal was inked by Energy Minister Prince Abdulaziz Bin Salman, and Azerbaijan Minister for Energy Parviz Shahbazov in Riyadh.
They also discussed cooperation in all fields of energy including renewable energy. The deal also included cooperating in developing the innovative utilization of hydrocarbons in several sectors, as well as carrying out joint research with educational institutions and research centers.
The two sides also agreed to organize different work sessions, panel discussions, seminars, and conferences in different fields of energy. They said that the two countries will also exchange their experience and information in the energy sector.
