BAKU, Azerbaijan, July 15. For nearly a decade,
Azerbaijan has been making an active and responsible contribution
to ensuring global oil market stability through the OPEC+ framework
under the Declaration of Cooperation (DoC), Azerbaijan’s Minister
of Energy Parviz Shahbazov said, Trend's correspondent reports from
the event.
He made the remarks at the first meeting held within the
framework of the OPEC+ Charter of Cooperation in Baku.
"It is no coincidence that the image of the world’s first
industrial oil well, drilled in Bibi-Heybat in 1846, holds an
honorary place at the headquarters of the OPEC Secretariat in
Vienna.
Today, Baku is known not only for its rich oil heritage but also
as one of the leading centers of global energy dialogue.
It is here that many initiatives promoting international
cooperation are put forward, key strategic issues are discussed,
and the future global energy agenda is shaped.
For Azerbaijan, energy is not only the foundation of economic
development but also a symbol of reliable partnership, mutual
trust, and shared responsibility.
Guided by these principles, Azerbaijan consistently contributes
to strengthening global energy security, ensuring market stability,
and advancing international cooperation," the minister said.
He also emphasized that the country’s active and constructive
participation in the OPEC+ framework demonstrates its commitment to
these principles.
"For nearly ten years, Azerbaijan, as a participant in the
Declaration of Cooperation, has been making an active and
responsible contribution through the OPEC+ platform to maintaining
stability in the global oil market and balancing supply and
demand," Shahbazov said.
