Baku: A videoconference was held between Azerbaijan’s Minister of Energy Parviz Shahbazov and Algeria’s Minister of State and Minister of Hydrocarbons Mohamed Arkab to discuss preparations for the first Joint Commission meeting, the Ministry informed APA-Economics.
According to Azeri-Press News Agency, the meeting highlighted the development of friendly relations between the two nations, supported by political dialogue at the highest levels. Cooperation in the energy sector, including within the OPEC+ framework and partnerships between SOCAR and Sonatrach, was emphasized as a significant achievement.
The discussion also covered the expansion of cooperation in various sectors such as petrochemicals, electricity, and renewable energy, as outlined in the Memorandum of Understanding in the energy sector. Preparations for the first meeting of the Joint Commission on Trade, Economic, Scientific, and Technical Cooperation, scheduled to be held in Azerbaijan in the first half of 2027, were reviewed.
The importance of extending bilateral relations beyond energy to include trade, agriculture, industry, pharmaceuticals, and higher education was stressed. Additionally, it was agreed to conduct the first meeting of the Working Group on Energy before the Joint Commission meeting.