BAKU, Azerbaijan, March 12. President Ilham
Aliyev addressed the rise in global oil and gas prices during his
speech at the opening ceremony of the 13th Global Baku Forum, Trend reports.


The head of state said: “We see that the unprecedented rise of
the oil and gas prices creates a lot of problems for consumers and
not only for consumers. If somebody thinks that this unbalanced
price is good for those who produce and export oil, it's
wrong.”


The President noted that Azerbaijan supports more balanced and
predictable oil prices.