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Lukashenko invites Azerbaijan to advance cooperation in oil industry

Earlier Lukashenko remarked that the Russian oil variety Urals is not the best oil available on the global market

Lukashenko invites Azerbaijan to advance cooperation in oil industry

Baku, April 14 - Neftegaz.RU. Today, Belarusian President Aleksandr Lukashenko and Azerbaijani President Ilham Aliyev held official talks at the residence of the Azerbaijan president.
Lukashenko suggested deepening Belarus-Azerbaijan cooperation in the oil industry.

During the meeting the Belarusian Head of state thanked his Azerbaijani counterpart for supporting Belarus in the delivery of crude hydrocarbons.
A.Lukashenko said:
  • Probably, we need to mull over the enhancement of cooperation in this field
  • Of course, this is a very delicate and sensitive issue, for Belarus is in the midst of economic and political events.
  • However, there are no unmanageable issues
President of Azerbaijan stated:
  • There is a close political relationship, a high level of trust between our countries and we are focused on the result
  • Despite the pandemic last year, our turnover has increased, and so have exports from Azerbaijan to Belarus
  • Therefore, today we will discuss in more detail the issues related to industrial cooperation
  • In other words, our relations are far from any problems
The Heads of the energy ministries signed a MoU on cooperation in the sphere of energy.
Apart from that, a MoU was signed remotely by the Belarusian state petrochemical concern Belneftekhim and the State Oil Company of the Azerbaijan Republic (SOCAR).

Belarus plans to purchase 1 million tons of oil in Azerbaijan in 2021, which is 25% more than in 2020.
The trade turnover between Belarus and Azerbaijan approached half a billion dollars.

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