Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»Türkiye, Azerbaijan reaffirm energy cooperation at Izmir forum
    Commodities

    Türkiye, Azerbaijan reaffirm energy cooperation at Izmir forum

    September 4, 20255 Mins Read


    Türkiye and Azerbaijan reaffirmed their energy cooperation Thursday at a forum in the western Turkish province of Izmir, attended by top officials from both countries.

    The 4th Türkiye-Azerbaijan Energy Forum was held within the framework of the Türkiye Wind Energy Congress (TÜREK 2025), taking place between Sept. 4 and Sept. 5.

    Energy and Natural Resources Minister Alparslan Bayraktar said Türkiye and Azerbaijan, with their geostrategic locations, rich resources and advanced infrastructure, play complementary roles and make significant contributions to regional and global energy supply security.

    Addressing the forum, Bayraktar said diversifying and deepening cooperation opportunities between the two countries would open new horizons.

    He noted that significant progress had been made in past forums, adding that Ankara and Baku are expanding energy cooperation into new areas and continuously developing dialogue channels.

    “The principle of one nation, two states, which we have always emphasized, finds its most concrete manifestation particularly with the major projects implemented in the energy sector. Energy is one of the fundamental drivers of our countries’ development and prosperity,” Bayraktar said.

    He highlighted the importance of the natural gas field cooperation agreement signed May 14, 2024, saying the deal would strengthen the countries’ energy security and further consolidate regional cooperation.

    Regional supply security

    Bayraktar voiced hope that efforts to increase natural gas supplies from Azerbaijan to Türkiye would progress rapidly, noting that the Iğdır-Nakhchivan Natural Gas Pipeline guarantees supply security for Nakhchivan and further strengthens bilateral ties.

    Türkiye and Azerbaijan traditionally enjoy close relations and energy cooperation, which initially centered on natural gas but has expanded in recent years to include projects supplying Azerbaijan’s Nakhchivan exclave and deliveries to Syria.

    Bayraktar said the Türkiye-Syria Natural Gas Pipeline, operational since Aug. 2, represents a strategic step that supports not only energy flows but also peace and prosperity in the region.

    “With their strong infrastructure and deep-rooted ties, Türkiye and Azerbaijan will continue to be reliable partners both in regional supply security and in global markets,” he said.

    Also speaking at the forum, Mukhtar Babayev, representative of the president of Azerbaijan for climate affairs and COP29 president, said Azerbaijan and Türkiye “have always been responsible partners in the global energy system and have played a significant role in ensuring global energy security.”

    He said successful cooperation in the energy sector, guided by the foresight of the Azerbaijani and Turkish presidents and proper prioritization of economic potential, has played a major role in both regional and global energy security.

    Babayev added that Türkiye and Azerbaijan are expanding their partnerships in energy and climate, taking into account the risks of climate change and the opportunities of the energy transition.

    “Türkiye has recently taken important steps in climate policy. The adopted climate law laid the foundation for the country’s long-term carbon neutrality goal,” he said.

    “This law is a historic decision that demonstrates Türkiye’s will and determination in combating climate change,” he added.

    He said Türkiye’s national climate targets also show it to be a responsible partner in global processes. “The steps taken to reduce emissions, expand clean energy sources and encourage green investments clearly demonstrate Türkiye’s path to decarbonization. Both countries are aware of the opportunities created by energy transformation,” he said.

    ‘Strategic necessity’

    Azerbaijan’s Minister of Energy Parviz Shahbazov also emphasized the importance of Ankara’s experience and support in renewable energy, energy storage, green hydrogen, carbon capture, energy efficiency, and energy market regulation.

    He said Azerbaijan sees Türkiye as its key ally in pursuing a clean energy future, just as it has been in all past processes.

    “A strong Azerbaijan-Türkiye energy partnership is a strategic necessity because it is of great importance for both our countries, our region and internationally. This unity is a symbol of security and sustainable development,” Shahbazov said.

    He stressed the importance of six main areas in the forum’s cooperation agenda, ranging from hydrocarbons to mining and from renewable energy to energy regulation.

    “We are confident that by utilizing the opportunities offered by this forum, our cooperation on new projects and promising opportunities will be further strengthened, accelerating the development of our mutual relations and bringing our countries closer to their strategic goals,” he said.

    “The Azerbaijan-Türkiye energy partnership will continue to be an important guarantor of development and energy security on a regional and global scale in the future.”

    Following the speeches, Bayraktar and Shahbazov signed the forum protocol, which outlines plans to develop bilateral energy cooperation.

    Under the protocol, the two countries agreed to strengthen and continue cooperation and coordination in global and regional energy organizations and institutions.

    The Daily Sabah Newsletter

    Keep up to date with what’s happening in Turkey,
    it’s region and the world.


    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy.
    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Wind energy developers and two states sue Trump admin for stopping work on nearly complete offshore project

    Commodities

    State Street’s gold ETF rakes in billions as metal hits record

    Commodities

    Metal Gear Solid Delta, Super Robot Wars Y Keep PS5 Software in the Japanese Top 10

    Commodities

    Anchorage schools employ metal detectors and other new security measures

    Commodities

    Is Metal Gear Solid Detlta Steam Deck compatible?

    Commodities

    EFAfrica Group Secures $7.2 Million from AgDevCo to Expand Agricultural Leasing in East, Southern Africa

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Top Analysts Predicts the Rise of a New $0.005 Cryptocurrency to Match Shiba Inu (SHIB) Success

    Precious Metal

    Les bénéfices de Jiangxi Copper pour 2024 augmentent de 7%.

    UK retail property is finally priced for a sale

    Editors Picks

    Teck draws M&A attention from big miners in rush for copper

    July 26, 2024

    Doo Prime reveals new identity to lead the future of fintech

    August 11, 2025

    Global partnerships in focus as Punjab Agricultural University officials visit US varsities

    October 17, 2024

    Energy drinks to be banned for under-16s in England

    September 2, 2025
    What's Hot

    UAE agrees to examine India’s concerns on surge in precious metal imports – Economy News

    October 15, 2024

    Lisieux : Rose Métal dévoile sa programmation

    April 22, 2025

    China to add cobalt, copper in boost to state metal reserves

    March 20, 2025
    Our Picks

    Inside Anthony Joshua’s amazing property investments, including owning commercial buildings in Mayfair and Bond Street

    December 23, 2023

    Check Out Gold Prices In Delhi, Mumbai, Bengaluru, Ahmedabad, More Cities

    January 20, 2025

    Short Interest in Agricultural Bank of China Limited (OTCMKTS:ACGBY) Increases By 60.0%

    July 13, 2024
    Weekly Top

    Next Crypto to hit $1? DOGE and PEPE compete, but analysts say a new Cryptocurrency could outrun both in ROI

    September 4, 2025

    Anchorage schools employ metal detectors and other new security measures

    September 4, 2025

    Retirement confidence surges – but is it misplaced?

    September 4, 2025
    Editor's Pick

    Prime Day – Le rasoir électrique Babyliss Super-X Metal E996E “4 étoiles” à 69,90 € (-22%)

    July 8, 2025

    Shadow Banking’s Surge Leads to ‘Know Your Business’ Priority

    August 20, 2024

    Copper futures further up on higher spot demand

    August 24, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.