TODAY.AZ / Business

Natig Aliyev participated in Black Sea Energy Conference

05 April 2006 [16:07] - TODAY.AZ
The recently completed Black Sea Energy Conference, hosted in Bucharest by Romania's Chamber of Commerce and Industry, discussed various energy-related themes and presented energy projects for the Black Sea area in the near future, along with existing opportunities and challenges to the Black Sea energy markets.

The Minister of Industry and Energy of Azerbaijan Natig Aliyev told a panel meeting on the impact of energy on regional stability and economic development that natural gas consumption worldwide has increased at a constant annual pace of 10%.

He mentioned that Azerbaijan possesses significant hydrocarbon resources which commercialisation is part of the energy policy of the country.

He also pointed out that specialists reckon the projects for the energy field have created an attractive environment friendly to foreign investors in the country, ACT Media news agency reports.

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URL: http://www.today.az/news/business/24812.html

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