EBRD to technically support Azerbaijani energy sector development

Azerbaijan's Energy Ministry and European Bank for Reconstruction and Development (EBRD) plan to sign a memorandum on technical support to develop the country's energy sector.

Azerbaijani Energy Minister Parviz Shahbazov made the remarks on Twitter on September 12, Caliber.Az reports.

He said that the issue was discussed at a meeting with EBRD President Odile Renaud-Basso.

The minister noted that the meeting focused on EBRD-Azerbaijan cooperation, the bank's financial support to the Southern Gas Corridor (SGC) and Green Energy projects.

We had fruitful discussions with @OdileRenaud on the financial support for the expansion of the SGC and the priorities for our multifaceted cooperation on #GreenEnergy. The Ministry and EBRD are planning to sign a MoU on technical support for the development of the energy sector. pic.twitter.com/7WrXv3yjzL

— Parviz Shahbazov (@ParvizShahbazov) September 12, 2022