BAKU, Azerbaijan, April 22. Irish companies
have been invited to invest in renewable energy projects, including
the production and transmission sectors, in Azerbaijan, Trend reports.
This issue was discussed during a meeting between Energy
Minister Parviz Shahbazov and a delegation led by the head of the
Irish-Azerbaijani interparliamentary working group, Tony
McCormack.
The meeting also discussed the prospects for the development of
bilateral relations between Azerbaijan and Ireland, especially the
opportunities for expanding cooperation in the energy sector. The
important role of interparliamentary relations in strengthening
relations, as well as in identifying new areas of cooperation, was
emphasized. Azerbaijan's contributions to Europe's energy security
as a stable and reliable energy supplier against the backdrop of
current global challenges in the energy sector were noted.
Information was provided on the projects implemented by
Azerbaijan in the framework of the export of crude oil and natural
gas, as well as the development of renewable energy sources and the
creation of interregional green energy corridors. The Irish
delegation highlighted the work done in its country's energy
transition policy, development of renewable energy sources, and
modernization of energy infrastructure, and expressed its interest
in expanding energy cooperation with Azerbaijan.
The meeting noted that last year, 532,000 tons of crude oil were
supplied to Ireland from Azerbaijan. Cooperation opportunities in
the field of liquefied natural gas (LNG) were considered.
The conversation also touched upon the issue of the Irish side's
participation in the upcoming Baku Energy Week events.