Azerbaijan's Oil and Gas Sector Accounts for One-Third of GDP, Shows Modest Growth

Azerbaijan's Economy Minister Mikayil Jabbarov held discussions with Jérôme Beaumont, Executive Secretary of the Egmont Group, a financial intelligence organization, during the COP29 conference.

November 16 (Reuters) - Azerbaijan’s Minister of Economy, Mikayil Jabbarov, met with Marco Arcelli, CEO of Saudi Arabia’s ACWA Power, during the COP29 climate summit to review the progress of joint projects in renewable energy.

Azerbaijan's Minister of Economy, Mikayil Jabbarov, held talks with Heather Evans, Deputy Assistant Secretary for Manufacturing at the U.S. International Trade Administration, focusing on bolstering bilateral ties in energy, trade, and green development.

The process of securing financing for the construction of the Bilasuvar solar power plant with a capacity of 445 MW and the Neftchala solar power plant with a capacity of 315 MW has been successfully completed.