Azerbaijan, China Eye New Energy Projects in Caspian Sea

Source: Azerbaijan's Energy Ministry

Azerbaijan, China Eye New Energy Projects in Caspian Sea

Azerbaijan and China have discussed opportunities to expand cooperation in the energy sector, including potential oil and gas as well as renewable energy projects in the Caspian Sea.

The issue was discussed at a meeting between Azerbaijani Energy Minister Parviz Shahbazov and Zhang Chuanjiang, Chairman of the Supervisory Board of China National Offshore Oil Corporation (CNOOC), The Caspian Post reports, citing the Energy Ministry.

The sides highlighted the continued development of the strategic partnership between Azerbaijan and China, noting that expanding cooperation in various areas is creating new opportunities in the energy sector.

They also stressed the importance of agreements and other bilateral documents aimed at further strengthening strategic cooperation between the two countries.

During the meeting, the parties reviewed existing cooperation between Azerbaijani and Chinese companies in the energy sector and exchanged views on expanding partnerships and developing new joint projects.

CNOOC representatives expressed interest in participating in energy projects currently being implemented in Azerbaijan, indicating the potential for greater Chinese involvement in the country's energy sector.

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Azerbaijan, China Eye New Energy Projects in Caspian Sea

Azerbaijan and China have discussed opportunities to expand cooperation in the energy sector, including potential oil and gas as well as renewable energy projects in the Caspian Sea.