Denys Shmyhal: Ukraine and Azerbaijan have a solid foundation for energy cooperation

First Deputy Prime Minister of Ukraine – Minister of Energy Denys Shmyhal, together with Azerbaijan's Minister of Energy Parviz Shahbazov, held the Ukrainian-Azerbaijani Business Forum in Uzhhorod.

"In the energy sector, our countries have a solid foundation for cooperation. Promising areas include distributed energy and joint equipment manufacturing, oil, gas and new routes, as well as reconstruction and investment," Denys Shmyhal said.

Ukraine is interested in developing joint production, localization in Ukraine, and technological partnerships with Azerbaijani colleagues. The First Deputy Prime Minister of Ukraine – Minister of Energy noted the particular potential of cooperation in the gas and oil sectors, the development of the Trans-Balkan route, and the use of Ukrainian underground gas storage facilities and oil pipelines.

"We invite Azerbaijani companies to participate in projects in energy infrastructure, industry, logistics, construction, and the agricultural sector. We are ready to facilitate direct contacts between companies so that promising initiatives can quickly move from concept to implementation," he stressed.

Denys Shmyhal noted that our countries are united by a shared strategic vision for the future of the region, in which reliable energy routes, modern infrastructure, a strong industrial sector, and successful businesses can be developed.

"Our goal is to turn this vision into actual projects," he concluded.