BAKU, Azerbaijan, June 2. As part of Baku
Energy Week, Azerbaijan's Energy Minister Parviz Shahbazov held
meetings with Philip Mshelbila, Secretary-General of the Gas
Exporting Countries Forum (GECF), and Francesco La Camera,
Director-General of the International Renewable Energy Agency
(IRENA), to discuss energy cooperation and financing opportunities
for green energy projects, Trend reports via the country's Ministry of
Energy.
During the meeting with GECF Secretary-General Philip Mshelbila,
the parties exchanged views on current trends in the global gas
sector and the increasing role of natural gas amid growing
electricity demand.
Particular emphasis was placed on the significance of natural
gas in ensuring energy security and facilitating the energy
transition. The discussions also covered prospects for
strengthening cooperation between Azerbaijan and the Gas Exporting
Countries Forum, as well as Azerbaijan’s participation in the
Forum’s upcoming summit.
At the meeting with IRENA Director-General Francesco La Camera,
the parties highly assessed the existing cooperation between
Azerbaijan and the Agency, particularly in relation to the
expansion of joint initiatives in the renewable energy sector. The
importance of ongoing projects in this field and their contribution
to the implementation of the energy transition agenda and the
development of green energy was underscored.
Francesco La Camera expressed readiness to enhance coordination
with international financial institutions and to conduct joint
project assessments aimed at expanding renewable energy initiatives
in Central Asia and other countries across the region.
The discussions also addressed issues related to regional
integration in the renewable energy sector, including the
development of electricity transmission networks, the expansion of
energy storage capacities, and the strengthening of interconnection
infrastructure.
