During the meeting, the parties discussed prospects for cooperation in the energy sector.
Furthermore, ongoing reforms in the sector, the work done and planned plans, as well as the opportunities that this process will create for the private sector, were discussed.
Gazprombank representatives were informed about the mechanisms of green bonds, green investments and green financing, which can be used for the transition to a low-carbon economy, expanding the use of renewable energy sources and energy efficiency measures.
Gazprombank is engaged in SOCAR Polymer, a large project in Azerbaijan to build factories for the production of polypropylene and high density polyethylene.
The production site is located in the Sumgait Chemical Industrial Park, 30 km from Baku.
Last year, Gazprombank launched the 2nd large project in Azerbaijan - the construction of the SOCAR GPC gas processing and petrochemical complex, where Gazprombank acts as a financial consultant.
Author: Fidan Babayeva
