SOCAR, Pertamina explore enhancing cooperation
Baku, March 5, AZERTAC
Azerbaijan’s Minister of Energy Parviz Shahbazov met with Ambassador of Indonesia to the country Berlian Helmy.
During the meeting, discussions focused on expanding cooperation opportunities between Azerbaijan and Indonesia in the field of energy.
They reviewed the energy cooperation prospects in the areas of energy security, renewable energy, and sustainable development, as well as promoting business and investment.
The meeting also highlighted the continuation of crude oil supplies from Azerbaijan to Indonesia within the framework of energy security, participation in joint exploration and production projects in the oil and gas sector, as well as the development of cooperation between SOCAR and Pertamina in the fields of petroleum products and oil and gas processing.
The parties emphasized that both countries have significant potential for the development of renewable energy resources and cooperation opportunities in wind and solar energy projects, the application of waste energy production technologies, as well as biomass-based energy production.
During the meeting, it was noted that along with government agencies in the energy sector, the private sector should be actively involved in the cooperation process.
The sides agreed to hold the first meeting of the Working Group in the field of energy in the near future.
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