Petroleum Africa
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Sunday, September 30, 2018
The state-run firms of Azerbaijan and Algeria, SOCAR and Sonatrach, were the recent topic of conversation between the energy ministers of the two countries. The two men discussed the expansion of cooperation between the two firms. The discussion took place at the 10th meeting of the Joint OPEC-Non-OPEX Ministerial Monitoring Committee (JMMC).
The Azerbaijani Energy Ministry reported that within the framework of this meeting, Azerbaijani Energy Minister Parviz Shahbazov met with Minister of Energy of Algeria Mustapha Guitouni and CEO of Sonatrach Abdelmoumen Ould Kaddour.
At the meeting, they exchanged views on the development of cooperation in the energy sphere between the two countries. Guitouni said that Azerbaijani companies expressed interest in the energy sector of Algeria.
According to Minister Shahbazov, a MoU between the relevant ministries is close to completion.
During the meeting cooperation between SOCAR Trading and Sonatrach in the oil sector, as well as cooperation with the “Neftqazelmitədqiqatlayihə” Institute was also discussed.
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