Azerbaijani energy minister predicts rise in oil prices

Azerbaijani energy minister predicts rise in oil prices

Azerbaijani Energy Minister Natig Aliyev expressed confidence in the growth of oil prices on global oil markets.

"The drop in oil prices will not be long. The oil prices will begin to rise and stabilize from next year," Natig Aliyev said at the meeting with BP regional president for Azerbaijan, Georgia and Turkey, Gordon Birrel, Trend reports.

During the meeting the sides discussed the sharp decline in oil prices on the global oil markets and its causes, the priorities of the future development of the oil producing countries, as well as the areas of cooperation of foreign companies as part of the oil projects.

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