Energy Minister Dorin Junghietu, currently on an official visit to Baku, held a series of high-level meetings. The discussions focused on opportunities for collaboration in the energy sector, with a special emphasis on ensuring the diversification of natural gas supply sources and implementing modern technologies for electricity generation and distribution.

During a meeting with Rovshan Najaf, President of the State Oil Company of Azerbaijan (SOCAR), Minister Dorin Junghietu emphasized the Republic of Moldova's interest in diversifying energy sources and importing petroleum products and natural gas from Azerbaijan. The minister also discussed attracting investments from Azerbaijani companies to the Moldovan energy market, noting that mutually beneficial collaboration opportunities are available.

"We are eager to explore opportunities for SOCAR to export petroleum products and natural gas to Moldova at competitive prices compared to other countries, thus ensuring energy accessibility and security," said Dorin Junghietu.

Additionally, the minister discussed the possibility of exchanging information regarding the investment climate in Moldova's energy sector to attract new investments and facilitate strategic partnerships between the two countries.

During a meeting with Alparslan Bayraktar, Minister of Energy and Natural Resources of Turkey, Dorin Junghietu expressed gratitude for the support provided to Moldova through the Memorandum of Understanding signed last year in Istanbul. The Moldovan official reiterated Moldova's interest in developing close cooperation with Turkish companies in the construction sector, focusing on the renovation of old buildings and improving energy efficiency. The parties also discussed the prospects of Moldova's integration into the European energy market, electricity trade, attracting private investments, and developing energy infrastructure.

At the meeting with Nasser Al Qahtani, Assistant Minister of Energy of the Kingdom of Saudi Arabia, Dorin Junghietu expressed interest in collaborating with Saudi Arabia in the field of renewable energy, acknowledging the country's advanced experience and technologies. Minister Dorin Junghietu emphasized that harmonious cooperation in the energy sector could support the modernization of Moldova's energy infrastructure.

"Collaboration with Saudi Arabia could have a beneficial impact on the modernization of the electricity transmission and distribution system, focusing on reducing energy losses and improving system efficiency. Furthermore, a detailed analysis of the electricity distribution systems and commercial mechanisms could support the integration of renewable energies," concluded the minister during the discussions.

It is worth noting that on April 4th, in Baku, the 11th Ministerial Meeting of the Southern Gas Corridor Advisory Council and the 3rd Ministerial Meeting of the Green Energy Advisory Council took place, with the participation of the Republic of Moldova's delegation.

During the event, Minister of Energy Dorin Junghietu emphasized the need for continued diversification of natural gas supply sources to ensure Moldova's energy security, as well as the importance of collaborating with international investors to enhance renewable energy production, integrate it into the energy system, and support energy efficiency programs.