BAKU, Azerbaijan, March 2. The Azerbaijani
Ministry of Energy discussed prospects for cooperation in the
energy sector with international companies, the Energy Minister
Parviz Shahbazov wrote on his X page, Trend reports.
"A meeting was held with the participation of German-Azerbaijani
Chamber of Commerce Executive Director Nargis Wieck, Uniper Global
Commodities SE Vice President for the Caspian Region / South
Caucasus and Gas Supply Michael Hilmer, SiemensEnergy Vice
President for Western Europe, Türkiye, Central Asia and the
Caucasus Maxim Zubov, and VNG Handel & Vertrieb GmbH Vice President
Thomas Schrepffer," the minister said.
According to him, the parties reviewed prospects for cooperation
in the areas of natural gas, renewable energy, hydrogen, and
electricity.
In January of this year, the volume of trade operations between
Azerbaijan and Germany amounted to $94.9 million.
The data obtained by Trend from the country's State Customs
Committee indicates that this is $188.5 million, or three times
less than the same period of 2025.
Over the reporting period, Azerbaijan's trade turnover with
Germany accounted for 2.68% of the country's total trade turnover.
Thus, the country ranked 6th among the countries with which
Azerbaijan conducted the largest volume of trade operations during
the reporting period.
In January this year, Azerbaijan conducted trade operations with
foreign countries totaling $94.9 million, which is $188.5 million,
or three times less than the same period last year.
Over the reporting period, trade turnover with Germany accounted
for 2.68% of Azerbaijan's total trade turnover. As a result,
Germany ranked sixth among the leaders in trade transactions with
Azerbaijan during this timeframe.
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