OFFICIAL NEWS
PRESIDENT OF AZERBAIJAN RECEIVES CHINESE DELEGATION
Greeting the guests, President Ilham Aliyev expressed his pleasure for active participation of the National Oil Corporation of China, in general, of Chinese oil companies in development of Azerbaijan hydrocarbons resources and estimated the Corporation’s large investment in this field as a positive aspect. President Ilham Aliyev noted that as a result of the oil strategy being realized by the national leader of Azerbaijan Heydar Aliyev since 1994, a favorable environment has been established for the foreign investments to develop the oil and gas reserves of Azerbaijan in the Caspian. Billions dollars of investment were put in this field up to day, he emphasized. President of Azerbaijan highly assessed increase of oil production in the projects with the participation of the Chinese companies.
Noting successful development of Azerbaijani-Chinese relations in numerous fields, as well as close cooperation between the two countries in the international organizations, President Ilham Aliyev said that all these have founded good ground for strengthening of economic links. He wished further success to the national Oil Corporation of China in Azerbaijan.
Expressing his deep gratitude to President Ilham Aliyev for worm reception, Mr. Chou Dzipin said that as a result of expedient and farsighted policy of the national leader of Azerbaijan people Heydar Aliyev, the foreign companies have invested colossal means in Azerbaijan and in the passed ten years the Chinese companies also have benefited form this policy and taken active part in realization of numerous projects.
The guest said that the Company he represents is the largest company of China and closely cooperates with SOCAR. The Company’s oil production increases day by day, the guest stressed.
Expressing his confidence in further successful development of the links in the energy field between Azerbaijan and China, the guest thanked to the head of Azerbaijan state for favorable conditions set up for activity of the Chinese companies.