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21 Mar 2018

OPEC Secretary General meets with Azerbaijani President and Energy Minister

Baku, Azerbaijan, 21 March 2018--OPEC Secretary General, HE Mohammad Sanusi Barkindo, met with the President of the Republic of Azerbaijan, HE Ilham Aliyev and HE Parviz Shahbazov, Minister of Industry and Energy, as well as other senior Azerbaijani officials, in Baku, during a visit to Azerbaijan from 18-19 March 2018.

The extremely fruitful discussions reviewed Azerbaijan’s ongoing cooperation with OPEC, as well as the historic ‘Declaration of Cooperation’, and explored possible avenues to enhance collaboration in the future.

HE Barkindo stressed that President Aliyev has played an extremely constructive and important role both in securing the adoption of the ‘Declaration of Cooperation,’ as well as its ongoing successful implementation. He noted that Azerbaijan has consistently been one of the highest performing participating countries in terms of the voluntary production adjustments, always exceeding 100% conformity.

In the meeting with HE Shahbazov, the talks also explored the prospects for future cooperation between Azerbaijan and OPEC. In this context, the Secretary General expressed his gratitude for Azerbaijan’s support in the ongoing efforts to further enhance and institutionalize the OPEC-non-OPEC framework of cooperation.