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Azerbaijan weighing its options for teaming up with International Energy Agency

BAKU, Azerbaijan, February 14. Azerbaijan has explored opportunities for cooperation with the International Energy Agency (IEA), Energy Minister Parviz Shahbazov wrote in a post on his official X page, TurkicWorld reports.

"We met with Fatih Birol, Executive Director of the International Energy Agency, as part of the Munich Security Conference.

We exchanged views on the outcomes of COP29 in Azerbaijan, particularly the importance of energy initiatives, as well as the situation in the global energy market and cooperation with the Agency," the post reads.

The IEA is central to global energy discourse, offering authoritative analysis, data, policy recommendations, and practical solutions to assist nations in delivering secure and sustainable energy for all. The IEA was established in 1974 to facilitate a coordinated response to significant interruptions in oil supplies. Although oil security continues to be a fundamental component of our operations, the IEA has undergone substantial evolution and expansion since its inception. Since 2015, the IEA has welcomed significant emerging nations to enhance its worldwide influence and strengthen collaboration in energy security, data and statistics, energy policy analysis, energy efficiency, and the increasing adoption of clean energy technology.

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