Azeri EnergyMin hopes OPEC & non-OPEC will extend oil output deal in June

Reuters reported Azerbaijan’s Energy Minister Parviz Shahbazov, as saying that he hopes OPEC and non-OPEC oil producers will extend oil output deal in June.

Additional headlines courtesy Azertac:

The current priority of Azerbaijan is the production of petrochemicals and the expansion of their export potential.

modernization of the power sector, ensuring efficiency and environmental requirements, the development of alternative and renewable energy sources, and making this field attractive to domestic and foreign investments as the tasks to be fulfilled in the power sector.