Azerbaijan’s Energy Minister: Situation at energy market not stabilized fully yet

10:27 - 30.05.2018


May 30, Fineko/abc.az. Today, Baku hosts the 25th Anniversary Caspian International Oil & Gas Conference

Azerbaijani Energy Minister Parviz Shahbazov stated during the conference that the country fulfills its obligations within the OPEC+ agreement and thus contributes to stabilization of energy prices in the world market.

"Azerbaijan is a trusted partner of international projects," the minister said.

Shahbazov also stressed the importance of the OPEC + agreement and stated that despite the measures taken to stabilize the situation on the world energy market, stability has not yet been fully ensured.

"A number of geopolitical realities affect the price of oil," Shahbazov underlined.

 

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