Azeri oil to be transported to Asian Countries through Egypt

20 Dec 2010

Baku. Ali Ahmedov – APA-ECONOMICS. Azerbaijani Minister of Industry and Energy Natig Aliyev visited Egypt’s Alexandria and Cairo cities, last week.

According to Azerbaijani Embassy to Egypt, N. Aliyev met with Egyptian Prime Minister Ahmed Nazif, Minister of Petroleum, Sameh Fahmi. At the same time, he met the technical opportunities of SUMED-Arab Petrolium Co., Enppi-Engineering for the Petroleum and Process Industries and Petrojet and listened to presentations of companies’ experts.

N. Aliyev spoke about useful opportunities for increase of trade turnover and bilateral cooperation, including fuel and energy spheres, during the meeting with Prime Minister Ahmed Nazif. In turn, Egyptian PM Ahmed Nazif noted that, Azerbaijan and Egypt had opportunities to extend the cooperation.

Petroleum Minister S. Fahmi reminded his visit to Baku in June and stressed that, the cooperation in oil sale processing sphere between Azerbaijan and Egypt developed quickly and several interesting projects had been discussed. N. Aliyev spoke about oil processing of SOCAR Trading Company in MİDOR-Middle East Oil Refinery and noted that this index would be increased. Besides, Egypt has great opportunities to deliver Azerbaijani oil to Southern-East Asia through Sea Ports in Mediterranean, Red Sea coasts.

By the way, Natig Aliyev has invited his Egyptian counterpart to Azerbaijan for practical discussions on this issue and opposite side accepted the invitation.

Source: APA.
Link: http://en.apa.az/news.php?id=136753.