Azernews.Az

By Sara Rajabova

Cooperation prospects between European Union (EU) and Azerbaijan will be discussed under the EU-funded INOGATE regional energy program.

An event slated for 17 July in Azerbaijan will discuss energy cooperation between the EU and Azerbaijan, AzerTag state news agency reported.

The event will be co organized by INOGATE Technical Secretariat and Azerbaijan's Ministry of Energy.

It aims to provide an effective forum for continued dialogue and enhanced cooperation between INOGATE and Azerbaijan's main energy players.

INOGATE is an EU-funded program promoting international energy co-operation between the EU and Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Ukraine, Uzbekistan and Armenia.

The event will examine the results of INOGATE's works in Azerbaijan. It will also discuss the main priorities of upcoming assistance. It will offer an interactive format for exchanging information and sharing experience in key energy areas and tailoring INOGATE's assistance to the country's most important priorities.

The event will also provide a number of INOGATE speakers with a chance to address a wide range of issues critical for the development of energy sector. They will deliver dedicated presentations on the EU's experience in energy market development, energy statistics and their strategic role for robust energy policies, harmonization of standards and energy efficiency labeling.

Local stakeholders will discuss the main priorities and developments in the energy sector of Azerbaijan, talk about their experience of working with the INOGATE program and outline possible areas of further assistance.

INOGATE's activities focus on four key areas: convergence of energy markets on the basis of the EU principles; enhancing energy security; supporting sustainable energy development; and attracting investment in energy (particularly in Sustainable Energy) projects of common and regional interest.