BAKU, Azerbaijan, June 2. The United States is
striving to play a more significant role in the development of the
pipeline and other energy infrastructure that Azerbaijan is
building, Caleb Orr, U.S. Assistant Secretary of State for
Economic, Energy, and Business Affairs, said, Trend reports.
He made the remark during a press briefing held within the
framework of the First Azerbaijan-U.S. Economic Dialogue in
Baku.
“The goal of this economic dialogue is to bring our economic
proposals together, develop a plan for their implementation, and
achieve tangible progress, because it is precisely on a shared
interest in economic prosperity that peace is ultimately built,”
Orr said.
He noted that Azerbaijan and the United States are currently
working on several initiatives.
"First and foremost, I would like to note that the energy sector
is already receiving concrete U.S. investments, which we intend to
increase. During our visit to Baku as part of Baku Energy Week, we
held a meeting with ExxonMobil. Last year at Baku Energy Week,
ExxonMobil signed a memorandum of understanding regarding new
exploration work in Azerbaijan. We support this initiative.
ExxonMobil is a shareholder in several key infrastructure projects
related to transit through Azerbaijan. “Yesterday at Baku Energy
Week, Chevron signed a new agreement to conduct exploration. We
support the implementation of these specific projects as they move
forward,” Orr said.
According to him, the United States wants to play a more
significant role in the development of the pipeline and other
energy infrastructure that Azerbaijan is building.
"We expect that, thanks to the Trump Route, Azerbaijan will be
able to strengthen its role as a central hub of the Middle Corridor
for energy transit to Europe and other regions of the world. We
believe that Azerbaijan is now a key energy producer for the world,
and the U.S. benefits significantly from this relationship. We
expect this cooperation to expand significantly in the upcoming
years, he said.
