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25.08.2016 12:06

Moldova interested in cooperation with Azerbaijan

Moldova is interested in participation of Azerbaijani companies in development of hydrocarbon resources, Ambassador of the Republic of Moldova to Azerbaijan Gheorghe Leuca said.

Leuca has received Caspian Energys delegation headed by President and Editor-in-Chief of Caspian Energy International Media Group Natalya Aliyeva.

Speaking about the energy sector of Moldova, the ambassador noted that development operations were held in the 1970s of the past century and continued in 1984.

We have only three fields, Leuca noted. As the depth of drilling of the majority of wells reached up to 1,000m and there were only few with the depth reaching a little over 3,000m, nowadays investments are required to continue drilling and rehabilitating the fields. Geological prospect of discovery of certain huge hydrocarbon reserves has been revealed.

Speaking about bilateral relations between the countries, the ambassador noted the necessity of resuming the work of the intergovernmental commission for trade-economic cooperation at this stage because the latest session of the commission took place in 2012 and much time passed in order to get back to the actions which are important for improvement of the economic relations.

He said that the plans of the protocol include not only economic and trade but also other areas of cooperation such as cultural-humanitarian, education, healthcare, social protection of population, as well as Diaspora related issues.

We expressed readiness to hold the session of the intergovernmental commission till the end of September, the ambassador said. First of all, our co-chairman, who is also a Vice Prime Minister and Minister of Economy, Oktavian Kalmik and an accompanying delegation must arrive. First Vice Premier Yagub Eyyubov is a co-chairman representing the Azerbaijani side.

During the meeting the sides discussed various topics of cooperation within the Caspian European Club (Caspian Business Club) and Caspian Energy International Media Group, possibilities of expansion of contacts at the informational level, as well as participation of Moldovan companies in international Caspian Energy Forum which is due in Baku on December 7.

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