Minister of Economy of Azerbaijan Mikail Jabbarov As part of COP29, he met with the Chairman and CEO of Baker Hughes Lorenzo Simonelli.
As Day.Az was informed by the Ministry of Economy, the meeting discussed projects implemented as part of joint activities with the company, cooperation to increase productivity and production efficiency using innovative approaches and modern technologies. Sustainable business solutions, emission reduction activities and partnerships towards decarbonization were discussed.
The parties emphasized the importance of effectively using our country’s rich potential in the field of green energy, organizing climate change activities in accordance with international standards and increasing investments in renewable energy. In this regard, the promotion of the energy transition and the company’s contribution to the green future of Azerbaijan, as well as the prospects for developing a partnership with SOCAR, were discussed.