BAKU, Azerbaijan, January 28. Azerbaijan and
the WPC Energy discussed key issues on the global energy agenda and
regional energy projects, Trend reports, citing the Ministry of Energy.
The meeting took place between Azerbaijan’s Minister of Energy,
Parviz Shahbazov, and Pedro Miras, President of WPC Energy.
Minister Shahbazov emphasized that while Azerbaijan continues to
be a conventional oil and gas producer and exporter, it has
achieved remarkable advancements in the energy transition.
Recently, the energy sector has experienced significant reforms,
marked by the adoption of various regulatory acts and the launch of
initiatives aimed at advancing renewable energy sources.
He noted that Azerbaijan aims to increase the share of installed
renewable energy capacity to 30% by 2030, while current plans
target reaching 33.7% by 2027, demonstrating steady advancement in
the energy transition and a commitment to continue along this
The discussion also focused on energy projects of regional and
international significance. Energy connections spanning Central
Asia, Türkiye, and Europe were evaluated within a unified
framework. These projects are expected to enhance the integration
of energy systems, strengthen regional energy security, and support
the development of energy and digital infrastructure, including
data centers.
Miras emphasized Azerbaijan’s role as a key energy corridor
between Asia and Europe, highlighting the country as an exemplary
model for facilitating dialogue between diverse energy
perspectives.
The meeting also addressed participation in the 2026 WPC Energy
Congress in Riyadh (Saudi Arabia) and explored prospects for
continued collaboration with the organization.
WPC Energy, established in 1933 and previously known as the
World Petroleum Council, is a London-based charitable organization
dedicated to the sustainable management of oil and gas resources.
Representing 70 member countries that account for over 96% of
global production and consumption, WPC Energy serves as a neutral
platform for stakeholders. In 2023, it rebranded to emphasize
energy transformation and hosted the triennial World Petroleum
Congress, a key event for industry leaders.
The organization seeks to address technical, social, and
environmental challenges, focusing on sustainability, diversity and
inclusion, youth support in the energy sector, and recognizing
innovation through the WPC Energy Excellence Awards. It operates as
an NGO, accredited by the United Nations.
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