Sherzod Khodjayev to mull oil, petroleum product supplies with Azerbaijan in September

A delegation from Uzbekistan led by Minister of Energy Sherzod Khodjayev is expected to visit Azerbaijan in the first decade of September, Report informs, citing Spot, which refers to the press service of Uzbekistan's Ministry of Energy.

During the visit, negotiations are planned with Azerbaijan's Ministry of Energy and the State Oil Company of the Republic of Azerbaijan (SOCAR) to implement the tasks set by the heads of the two states.

The ministry told the publication that cooperation with Azerbaijan could include raw material supplies, refining, finished product manufacturing, exchange of technological expertise, and the creation of sustainable supply chains.

"For Uzbekistan, this will enhance the reliability of supply to the domestic market and diversify supply sources, while for Azerbaijan, it will expand its presence in the Central Asian market and foster long-term industrial cooperation," the Ministry of Energy stated.

Earlier, Sherzod Khodjayev stated that joint production of petroleum products, including automotive and aviation fuels for Uzbekistan's needs, is one of the promising areas of energy cooperation between Baku and Tashkent.

According to him, energy cooperation between the two countries is developing across several areas, including hydrocarbon extraction on the Ustyurt Plateau and supplies of renewable electricity produced in Uzbekistan to Europe via Azerbaijan, involving Kazakhstan.