Yesterday in Sochi Igor Sechin, President and chairman of Board of Rosneft company, had a working meeting with Robert Dudley, Managing Director of British Petroleum group, and Carl Henrick Stavanberg, chairman of BP Board of Directors, reported press office of the Russian oil company.
“The sides have discussed some corporate issues and the course of implementation of the current projects. Rosneft and BP have mentioned a significant potential for further development of mutually beneficial cooperation and decided to accelerate consideration of possibilities of the companies’ involvement in new joint perspective projects,” reads the statement.
BP is the biggest private shareholder of Rosneft.—0—
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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