DAVOS, Switzerland, January 21. Unfortunately,
we do not see significant investments from Europe in either fossil
fuels or renewable energy, said President of Azerbaijan Ilham
Aliyev as he responded to questions from business representatives
from various countries during an event titled “Azerbaijan Executive
Breakfast,” held as part of the annual meeting of the World
Economic Forum in Davos, Trend's special correspondent reports.
Noting that Azerbaijan’s main partners in the field of renewable
energy are the UAE, Saudi Arabia, China, the UK, and companies from
Azerbaijan, the head of state said: “Regarding fossil fuels,
traditionally American and British companies have shown interest.
After the merger of BP and AMOCO, it is now considered a British
company. That is, there are very few European companies – one is a
French company, and another is from another country. Frankly
speaking, we do not see big interest from European companies in
investment.”
