Baku: Azerbaijan and China are exploring potential avenues for enhanced collaboration in the energy sector. On September 10, SOCAR President Rovshan Najaf held a meeting with Long Haiyang, Chairman of the Board of China National Chemical Engineering and Construction Corporation Seven (CC7). The meeting also included representatives from the China Development Bank and the Institute of International Energy Economics at the China International Culture Exchange Center.
According to Azerbaijan State News Agency, the discussion highlighted the strategic partnership developing between Azerbaijan and China, particularly in energy and investment sectors. This partnership provides a conducive environment for expanding cooperation between SOCAR and various Chinese companies and financial institutions.
The delegation received a comprehensive overview of SOCAR’s development strategy, encompassing its current and future energy projects. The parties engaged in discussions on multiple facets of the energy sector, including refining and petrochemicals, modernization of production facilities, and the advancement of green energy projects. Furthermore, the dialogue extended to innovation and digitalization within the energy domain.