Azerbaijan to invest in Pakistan’s energy sector

[Edevelop]

Baku, Azerbaijan, March 3
By Elmira Tariverdiyeva - Trend:

Azerbaijan is to invest in Pakistan's energy sector, Azerbaijani Ambassador to Pakistan, Dashgin Shikarov said in an interview with Pakistani 'The Frontier Post' newspaper.

He said during the interview that Pakistan and Azerbaijan need to focus on bilateral cooperation in the trade, commercial and economic sectors.

The ambassador also said both countries are going to hold the sixth joint ministerial meeting shortly to promote bilateral relations.

Shikarov stressed that Azerbaijan can help Pakistan in overcoming its energy crisis as it is self-sufficient in crude oil and gas.

Between January and October, 2013, trade turnover between Azerbaijan and Pakistan stood at $976,340, according to the Azerbaijani State Customs Committee (SCC).

A major part of trade turnover namely $948,080, accounted for imports of Pakistani products in Azerbaijan.

Azerbaijani goods worth $28,260 were exported to Pakistan throughout the reporting period.

Azerbaijan to invest in Pakistan’s energy sector - Trend.Az

 

[EyanKhan]

@cb4 bhai tum khush kar dete hu
anyways any details??

 

[Edevelop]

@cb4 bhai tum khush kar dete hu
anyways any details??

Azerbaijan is energy surplus and it has lots of Oil and Gas. I'm not sure but i'll throw a wild guess, They might want to invest in Thermal Power Plants.

 

[Azeri440]

Azerbaijan is energy surplus and it has lots of Oil and Gas. I'm not sure but i'll throw a wild guess, They might want to invest in Thermal Power Plants.

Socar for example plans to invest 18 billion into Turkish energy sector
and is looking for other opportunities