Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) and Mikayil Jabbarov, the Minister of Economy of Azerbaijan Republic, discussed bilateral ties, energy sector and future business opportunities.
Held in Dubai, the meeting discussed various topics of mutual interest, particularly the investment in oil exploration and production projects in Azerbaijan, crude oil trading via the State Oil Company of the Azerbaijan Republic (SOCAR).
The two sides further reviewed issues of mutual interest in the energy sector, including renewable, oil and gas activities, long-term investment opportunities and joint interest within Azerbaijan or anywhere else in exploration and production activities and crude oil trade.
Al Tayer, who is also Chairman of ENOC and Dragon Oil, and Jabbarov also agreed to assign competent teams to explore opportunities and options that benefit both sides.
Present at the meeting were Saif Al Falasi, CEO of the Emirates National Oil Company (ENOC), Ali Rashid Al Jarwan, CEO of Dragon Oil, Hussain Lootah, and Qusai Al Shared, members of the ENOC Board of Directors, along with the delegation accompanying the Minister, and officials of the State Oil Company of the Azerbaijan Republic (SOCAR).