Azerbaijan`s Minister of Energy Parviz Shahbazov has met with his Saudi Minister of Energy, Prince Abdulaziz bin Salman Al-Saud on the sidelines of the OPEC event in Vienna.
The discussions were mainly concerned with energy cooperation in a bilateral format and within OPEC+.
The meeting also discussed the current state of the global oil market, measures concerning voluntary reduction of production as part of regulatory process.
The ministers also stressed the importance of multilateral cooperation based on dialogue in order to avoid future problem of instability and energy shortages in energy markets.
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