10 Sep 2025 20:33

U.S., Azerbaijan discuss investment in fuel and energy sector, LNG, oil trade, green energy corridors

BAKU. Sept 10 (Interfax) - Azerbaijani Energy Minister Parviz Shahbazov and representative of the U.S. Department of State's Bureau of European and Eurasian Affairs Brendan Hanrahan have discussed the prospects for the two countries' cooperation as part of the trade in liquefied natural gas (LNG), oil and petroleum products, the Azerbaijani side said in a statement.

Investment in the fuel and energy sector and ways to expand regional infrastructure were also on the meeting's agenda.

Specifically, Shahbazov and Hanrahan discussed the possibility of broadening cooperation with ExxonMobil by pursuing new onshore projects, as well as today's state and prospects of the trade in LNG, oil and petroleum products with the United States via SOCAR Trading, the trading business division of State Oil Company of the Azerbaijan Republic, the Energy Ministry said.

In addition, the sides assessed the opportunities for Azerbaijani-U.S. cooperation in renewable energy sources, including green energy corridor projects that would link Azerbaijan with Turkey and Europe via Nakhchivan, Armenia, the Black Sea, and Georgia, also providing Azerbaijan-Central Asia energy links across the Caspian Sea.